PYMNTS

AUGUST 25, 2017

As first vice president and chief operating officer of the Federal Reserve Bank of St. Louis, Sapenaro will take up the post previously held by Gordon Wekema, who is retiring. Sapenaro will retain his position at the Federal Reserve Bank of St. Louis as well, the Federal Reserve said in its official statement.

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PYMNTS

APRIL 24, 2017

But as it was in the process of being put into place, small banks and credit unions found themselves subject to the same regulations — and the results of that have been notable and troubling. Louis Fed estimated that community banks pay an estimated $4.5 Since the passage of Dodd-Frank, over 1,700 U.S. banks have disappeared.

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PYMNTS

JANUARY 15, 2019

central bank, is getting a bit worried about sharing some of the financial infrastructure with tech upstarts such as OnDeck Capital and Kabbage , a sense of caution that the newswire said puts the bank “at odds with other regulators looking to bring [those firms] into the fold.”. Reuters reported early Monday (Jan.

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Jeff For Banks

FEBRUARY 17, 2021

Yesterday at the ABA's virtual Conference for Community Bankers (CCB), Federal Reserve Governor Michelle Bowman gave a speech, My Perspective on Bank Regulation and Supervision. Up-to-date geographic market definitions are available at the St. Louis' Fed CASSIDI database or from the relevant Reserve Bank.

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PYMNTS

NOVEMBER 13, 2017

The competition in India for digital payments dominance got that much more competitive this week with the announcement that PayPal has officially launched domestic operations in India. Louis, James Bullard, offered a warning of his own: U.S. PayPal’s India Push. said Randal Quarles, new member of the Fed’s Board of Governors.

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