![Dodd-Frank Rollback Could Hurt Resilience of Clearing Houses, Experts Say]()
by Eric Englert | Jun 28, 2017 | Business & Tech
WASHINGTON- Federal Reserve and Treasury Department officials as well as clearing house executives said Tuesday that clearing houses are better able to manage risk in futures contracts because of the Dodd-Frank Act and cautioned against a rollback of the financial...
by Hannah Levitt | Jun 28, 2017 | Business & Tech
WASHINGTON – Banking experts disagree over how best to regulate financial technology to minimize risk while fostering fair competition for banks and fintech businesses. Kathleen Oldenborg, director of payments systems risk policy at the Office of the Comptroller...
![Paying bills in future could be as easy as texting]()
by Eric Englert | Jun 27, 2017 | Business & Tech, Featured
WASHINGTON– Imagine a world where payments move like text messages. A number of bankers and fintech entrepreneurs have that vision for the future of payment systems worldwide. While the U.S. payment system could operate more instantaneously, it is still...
by Jingnan Huo | May 9, 2017 | Business & Tech, Featured
WASHINGTON – This year is shaping up to be a good one for initial public offerings, as many companies want to go public and confidence levels are higher than last year, Nasdaq’s CEO Adena Friedman said on Friday. Fifty-five companies moved forward on IPOs in the...
by Jingnan Huo | Apr 26, 2017 | Business & Tech
WASHINGTON — Uncertainty about the Trump administration’s stance on climate change won’t change the World Bank’s focus on the issue, the institution’s chief said on Thursday. World Bank President Jim Yong Kim on Thursday, referring to the threat that the Trump...
by Jingnan Huo | Apr 4, 2017 | Business & Tech, Featured
WASHINGTON — Christine Lagarde, the managing director of the International Monetary Fund, said Monday that “more and better education” is crucial to combat sagging productivity in period of technological change. Lagarde said that in “both in advanced and emerging...
