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Federal Reserve Extends FedNow Service Comment Period

Perficient

The FedNow Service is a new 24x7x365 service that will support instant payments in the United States and is expected to be available in 2023. Misback, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW, Washington, DC 20551.

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Text Messages From Debt Collectors? Not in My Backyard!

CFPB Monitor

It took 44 years for the law to catch up to modern technology, but the CFPB finally did it in 2021 with Regulation F’s guidelines for FDCPA-compliant electronic communications like email and text messages. Regulation F’s call frequency limits do not apply to email, text messages, or other electronic communications.

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Blockchain Tracker: Capitol Hill To Startups, Incubators Inbetween

PYMNTS

Earlier this week, blockchain arrived on Capitol Hill by way of the formation of the Congressional Blockchain Caucus focused on examining and educating lawmakers on the payments technology and issues associated with the digital currency. Trick question, no riddle here: In all of about 48 hours, Washington, D.C. Jared Polis (D-CO) and Rep.

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GonzoBanker Awards 2017

Gonzobanker

Payments chaos. Heavy-handed regulators. The checking account also lets its banking customers track their sustainability score by monitoring where they spend money and checking it against a sustainability monitoring and scoring system that Aspiration created.” With sessions about the future of payments.

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Acting Comptroller discusses crypto risks, including use of bank-like terminology

CFPB Monitor

In remarks at the DC Fintech Week conference on October 11, 2022 and in a keynote address later the same day at a roundtable conducted by the Harvard Law School Program on International Financial Systems, Acting Comptroller of the Currency Michael J.

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AI Will Put 10 Million Jobs At High Risk — More Than Were Eliminated By The Great Recession

CB Insights

But the expectations for what an AI system is capable of achieving have changed over the years. Walmart has patents for autonomous robots that attach themselves to shopping carts in order to move them around stores, along with drone delivery systems. (A The rise of automation (thanks to open source and corporate interest). workers).

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Fintech Policy in the US – Things Are Things Heating Up

FICO

It’s August and it’s hot in Washington DC. This document is the fourth in a series of reports in response to Executive Order 13772 that details the President’s core principles for financial regulation. Yet in the nation’s capital, fintech policy may actually be hotter than the temperatures outside.