Bank Regulation

Bank Regulation
UK Regulators to Banks: Don’t Sow Confusion Over Stablecoins
November 06, 2023

Regulators in the U.K. have unveiled their proposals for governing the use of stablecoins. 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...

Bank Regulation
Fed Proposes Slashing Debit Interchange Fees by 30%, to Review Caps Every Two Years 
October 25, 2023

The most significant overhaul of debit card interchange fees in more than a decade looms, where those fees may be cut by roughly 30%. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Bank Regulation
Fed Expected to Propose Review of Debit Card Fee Cap
October 25, 2023

The Federal Reserve will meet Wednesday (Oct. 25) to tackle merchant debit card 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, PYMNTS...

Bank Regulation
Fed Overhauls Community Reinvestment Act to Adapt to Online Banking
October 24, 2023

The Federal Reserve has reportedly finalized a revamp of the Community Reinvestment Act (CRA) rules, which were enacted in 1977 to combat discriminatory lending practices in minority neighborhoods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Bank Regulation
Revolut’s Size Draws Regulatory Attention in UK Banking License Process
October 22, 2023

Revolut continues to navigate the complexities of obtaining a banking license in the United Kingdom. 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...

Bank Regulation
Banking Industry Pushes Back Against Proposed Capital Rules
October 13, 2023

Two of the largest U.S. banks said capital rules proposed by U.S. regulators could have significant impacts on credit availability and pricing for businesses and consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Bank Regulation
Citi Chair: New Capital Requirements Will Hurt Lending
October 11, 2023

Citigroup’s chairman is the latest banking executive to warn against the U.S. plan for new capital requirements. 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
Fed Bank Watchdog Defends New Capital Requirements
October 09, 2023

Michael Barr wants American banks to see new capital requirements as a help, not a hinderance. 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
Instant Approval Helps Banks Streamline the KYB Process
October 04, 2023

Scott Steinberg, chief operating officer of Enigma Technologies, said there has been an evolution of know your business (KYB) practices — and there’s increased urgency to use technology to tackle “best practices” and satisfy existing and new laws. Get the Full Story Complete the form...