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Understanding U.S. Regulator’s Proposed Extended Comment Period

Perficient

Earlier this year, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Fed), and the Federal Deposit Insurance Corporation (FDIC) unveiled a proposed rule that would reshape the landscape for certain financial institutions.

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U.S. Regulators to Bank Boards: “Debt is Good”

Perficient

Impacted organizations include certain large depository institution holding companies , U.S. intermediate holding companies of foreign banking organizations , and certain insured depository institutions. Impacted organizations include certain large depository institution holding companies , U.S.

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Retail Pulse: Framebridge Opens DC Store; Starbucks Hits 30,000-Location Milestone

PYMNTS

and Bethesda, Maryland, that will work to mirror the company’s online experience. The company provides customers with shipping labels and materials, shoppers mail the to-be-framed items to the company’s framing center and the stores will have the orders brought to the production facility. Starbucks Coffee.

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JD.com Joins China’s Central Bank To Advance Digital Currency

PYMNTS

Beijing-based vehicle-for-hire company Didi Chuxing Technology Co. The bank is working on an array of things, including issuing and supplying a digital bank currency, a system for settling issues between banks using the currency, and enacting digital eWallets for the currency that can be tied to existing bank accounts.

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FinCEN and OCC address cryptocurrency: responsible innovation and pervasive hype

CFPB Monitor

Hsu discussed vulnerabilities in the cryptocurrency framework and recent volatility with stablecoins in pointed remarks at the DC Blockchain Summit 2022. leadership in the global financial system and economic competitiveness; financial inclusion; and responsible innovation. . Contagion risks are real.

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The United States Of Unicorns: Every US Company Worth $1B+ In One Map

CB Insights

The United States is home to 105 unicorn companies valued at $1B+. As of 7/25/2017, six private US companies are worth over $10B. Eight other states and the District of Columbia are also home to at least one company worth $1B+. Key insights about the companies in this map: Collectively, US unicorns are worth approximately $360B.

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VW To Test Robotic Chargers For Self-Driving Electric Cars

PYMNTS

Electrify America, a subsidiary of Volkswagen Group of America, has announced a pilot project to test the viability of robotic fast-charging systems for self-driving electric vehicles (EVs), CNBC reported on Monday (Aug. A robotic arm attached to a 150kW DC fast charger would perform the task of plugging into the car’s charge port.