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  • Banks, credit unions at various stages of recovery from Ian

    <![CDATA[ Financial institutions of all sizes — from JPMorgan Chase to SouthState to Fairwinds Credit Union — have reopened many branches, rolled out mobile banking units as well as reemployed pandemic-era digital and loan-forgiveness strategies in parts of Florida and South Carolina devastated by the powerful hurricane. ]]>

  • Some large banks said to reimburse less than 50% of consumer fraud claims on Zelle

    <![CDATA[ Four of the seven large banks that own Zelle's parent company, Early Warning Services, said they are reimbursing from 15% to 55% of consumers that report fraud on their accounts, according to a report released by Sen. Elizabeth Warren, D-Mass. ]]>

  • FSOC calls for legislation on crypto spot markets

    <![CDATA[ The report from the Financial Stability Oversight Council on cryptocurrency also urges action to prevent regulatory arbitrage and for regulators to study direct access to markets by retail customers. ]]>

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