Money Market

Agencies extend comment period on proposed rules to strengthen large bank capital requirements

October 20, 2023/US Federal Reserve Federal bank regulatory agencies announced today that they will extend until January 16, 2024, the comment period on their large bank capital proposal to increase the strength and resilience of the banking system. The agencies extended the comment period to allow interested parties more time […]

Fed launches data collection to gather more information from the banks affected by the large bank capital proposal it announced earlier this year

October 20, 2023/US Federal Reserve The Federal Reserve Board on Friday launched a data collection to gather more information from the banks affected by the large bank capital proposal it announced earlier this year. When the proposal was announced, the Board indicated that it would undertake this supplemental data collection. […]

J.P. Morgan and Mastercard take Pay-by-bank live

October 20, 2023/Mastercard Now available in the U.S. for billers for a variety of recurring payments including rent, utilities, healthcare and more Verizon planning to pilot offering Pay-by-bank is powered by Mastercard’s open banking technology, supporting the permissioned exchange of safe and secure payments J.P. Morgan Payments’ Pay-by-bank solution, which […]