Bank Regulation

Bank Regulation
Greece to Cap Banks’ Fees on Money Transfers
December 15, 2024

Greece reportedly aims to cap banks’ money transfer fees, while eliminating consumer bill pay fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Bank Regulation
Yellen Cautions Trump Against Meddling With Financial Regulations
December 15, 2024

Treasury Secretary Janet Yellen says the next administration should leave “critically important” financial regulations untouched. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Bank Regulation
More Than 75% of Banks Not Ready for ISO 20022 Mandates. The Question Is: Why?
December 13, 2024

The benefits of standardized data formats and exchanges in financial services are myriad. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Bank Regulation
Banks Step Up Due Diligence on Non-Bank Borrowers
December 13, 2024

For banks, the ever-expanding push into global markets also has included a broadening of lending activities — to the tune of trillions of dollars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Bank Regulation
Report: Trump Transition Team Members Consider Restructuring Bank Regulatory Agencies
December 12, 2024

Members of President-elect Donald Trump’s transition team reportedly are considering making changes to some bank regulatory agencies by shrinking, consolidating or eliminating them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Bank Regulation
Wells Fargo CEO More Confident in Bank’s Compliance Controls
December 11, 2024

Wells Fargo’s CEO reportedly has more confidence in his bank’s efforts to remedy its compliance issues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Bank Regulation
Klarna Fined $50 Million for Anti-Money Laundering Defects
December 11, 2024

Klarna has been fined $50 million in Sweden over faults in its anti-money laundering protections. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Bank Regulation
TD Bank Says Earnings Growth ‘Challenging’ Amid AML Remediation
December 05, 2024

TD Bank Group said Thursday (Dec. 5) that for the coming fiscal year, “it will be challenging for the Bank to generate earnings growth,” as it continues to work on its anti-money laundering (AML) remediation and invest in its business. Get the Full Story Complete...

Bank Regulation
Report: FDIC Ramps Up FinTech Scrutiny
December 05, 2024

The Federal Deposit Insurance Corporation (FDIC) reportedly has begun more closely tracking FinTechs that partner with banks, aiming to spot potential problems before they affect the banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...