Tag: financial_institutions

Federal Reserve Proposes New Payment Account for Financial Institutions

20 May 2026 4:07 p.m. · Source: US Federal Reserve

The Federal Reserve Board seeks public comment on a proposal for a new "payment account." This account would allow eligible financial institutions to clear and settle payments, aiming to boost financial system efficiency.

Business Politics and Government Economy Banking Federal Government Federal Reserve Board Payment account Financial institutions Public comment Clearing and settling Payments Financial system U.S. Federal Reserve
FinCEN Warns Financial Institutions of Human Trafficking Threat During 2026 FIFA World Cup

11 May 2026 3:12 p.m. · Source: Financial Crimes Enforcement Network

FinCEN warns financial institutions to be vigilant against human trafficking during the 2026 FIFA World Cup. The major event is expected to draw millions, increasing vulnerability to exploitation, and institutions must detect and report suspicious activity.

FinCEN Human Trafficking 2026 FIFA World Cup Financial Institutions Crime Sports