Continuing the war on fraud and the attendant financial losses for U.S. businesses, consumers and government alike, the U.S. Department of the Treasury and federal banking agencies have launched a wide-ranging initiative...more
7/11/2025
/ Banking Sector ,
Digital Assets ,
Digital Currency ,
Executive Orders ,
Financial Crimes ,
Financial Services Industry ,
Fraud ,
Fraud and Abuse ,
Payment Systems ,
Trump Administration ,
U.S. Treasury
Time will tell whether the Consumer Financial Protection Bureau's (CFPB) stated goals of accelerating "open banking" and competition will come to fruition as a result of the long-awaited final rule implementing Section 1033...more
On April 4, 2024, the State of Wisconsin enacted S.B. 668 (the Act), repealing the state’s existing Seller of Checks Act, which solely regulated money transmitters with a physical presence in Wisconsin, and replacing the...more