House Financial Services Committee chairman Patrick McHenry introduced a pair of bills aimed at improving transparency of the Financial Crimes Enforcement Network (FinCEN) as it expressed serious concerns about consumer data security and seeks to overhaul the Department of the Treasury bureau.
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The Financial Crimes Enforcement Network (FinCEN) is taking the first steps to launch an expansion of an international data sharing program aimed at combating money laundering and other financial crimes.
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More than 50% of consumers under 50 said they would like Generative AI to assist them in managing their personal finances. So reports FinTech Magazine.
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Online software vendor Kashoo is forming focus group to react to the new features in its software. The Vancouver, B.C.-based company wants feedback on the new features and focus group members may also participate in testing before a broader release this fall.
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Secretary of the Treasury Janet Yellen warned stablecoins—digital currencies pegged to the value of fiat currency like the U.S. dollar—could introduce a number of challenges into the financial system if they are not properly regulated.
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PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.