by Ismail Amin | Aug 11, 2023 | Business Law, News
The Federal Reserve’s Division of Supervision and Regulation (SR-27) has established a Novel Activities Supervision Program (Program) to enhance the supervision of novel activities conducted by banking organizations[1]. The Program will focus on activities related to...
by Ismail Amin | Jul 20, 2023 | Business Law, News
End-to-End Instant Payments The FedNow Service (FedNow or Service) is now live. The Service went live on July 20, 2023, and allows businesses and individuals to send instant payments through their depository institution account – uninterrupted on a 24-hour,...