News & Analysis as of

Final Rules Fraud Federal Reserve

Nutter McClennen & Fish LLP

Nutter Bank Report: November 2024

The CFPB has adopted a final rule to extend its oversight to the largest nonbank providers of digital consumer payment applications, including those that enable transfers from deposit accounts held at banks and other insured...more

Eversheds Sutherland (US) LLP

Focus on Fintech: Federal Reserve issues final rules defining legal framework for FedNow

On June 6, 2022, the Federal Reserve Board issued a final rule governing funds transfers through the Fed’s new FedNow Service, an interbank 24x7x365 real-time gross settlement service with integrated clearing functionality to...more

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