As we move closer to 2025, investment firms are keenly analyzing market trends and refining their strategies to maximize returns from fixed income assets. One significant perspective comes from Tim Crawmer of US-based Payden & Rygel, who predicts that the upcoming year will be favorable for fixed
The RegTech market, which leverages technology, artificial intelligence (AI), and big data to aid organizations in complying with regulations more efficiently, is set to reach an impressive USD 24 billion by 2030. This surge represents a compound annual growth rate (CAGR) of 16.5%, highlighting the
In a significant and controversial move, Metro Bank has announced plans to ban all deposits into cryptocurrency exchanges starting from November 2024. This decision is part of the bank's broader efforts to safeguard its customers from the growing threat of cryptocurrency-related fraud. Although
The Office of the Comptroller of the Currency (OCC) recently issued a comprehensive enforcement action against USAA Federal Savings Bank, a financial institution known for serving military members, veterans, and their families. This latest action underscores persistent regulatory issues, mandating
Navigating regulatory requirements is an ongoing challenge for financial institutions, and Lineage Bank is no exception. This local community bank, based in Franklin, Tennessee, has faced increased scrutiny from federal regulators twice this year. The Federal Reserve Board's recent enforcement
Credit unions (CUs) are increasingly collaborating with financial technology firms (FinTechs) to deliver innovative financial products and services. This shift in dynamics is designed to address the limitations that CUs face, such as constrained budgets, limited technical expertise, and smaller
