banking regulation

California Opens Door For San Francisco Public Bank
California Opens Door For San Francisco Public Bank
October 07, 2019  |  B2B Payments

California Governor Gavin Newsom has signed legislation allowing for the establishment of public banks in the state, and advocates in San Francisco are jumping at...

READ MORE >
Can A Single App Promote Better SMB Cash Flow?
Can A Single App Promote Better SMB Cash Flow?
September 11, 2019  |  Mobile Applications

Europe’s revised Payment Services Directive, or PSD2, is among the regulations designed to increase innovation when it comes to digital transactions of all types. According...

READ MORE >
Ghana’s Central Bank Pulls Licenses Of 23 Financial Institutions
Ghana’s Central Bank Pulls Licenses Of 23 Financial Institutions
August 22, 2019  |  International

In August of 2017 Ghana’s government announced that it was going to clean house in its financial services sector — particularly among lenders and second-level...

READ MORE >
Keeping SCA From Becoming The Subscription Commerce Kill Switch
Keeping SCA From Becoming The Subscription Commerce Kill Switch
August 22, 2019  |  Subscription Commerce

Friction is a commerce-killer in all types of businesses, but the risk is especially elevated when it comes to subscriptions and recurring payments, among the...

READ MORE >
Pro-Pot SAFE Banking Act Hits Roadblock In US Senate
Pro-Pot SAFE Banking Act Hits Roadblock In US Senate
July 23, 2019  |  Bank Regulation

Among the main stories in payments in recent months has been the increasing push to reform federal banking laws so that legal cannabis retailers can...

READ MORE >
Fed Eyes Changes To Banks’ Liquidity, Living Will Regulations
Fed Eyes Changes To Banks’ Liquidity, Living Will Regulations
April 09, 2019  |  Bank Regulation

In what may be a rollback of at least some banking regulations put in place in the wake of the financial crisis a decade ago,...

READ MORE >
Taking On Financial Crime With Tech, CCOs Must ‘Abandon Fear’
Taking On Financial Crime With Tech, CCOs Must ‘Abandon Fear’
December 14, 2018  |  Bank Regulation

 Multiple regulators issued a joint statement encouraging banks to embrace innovation when it comes to battling financial crime.  In an interview with PYMNTS, DLA Regulatory...

READ MORE >
Société Générale Fined $1.34B For Violating US Sanctions
Société Générale Fined $1.34B For Violating US Sanctions
November 20, 2018  |  Legal

Société Générale S.A. of Paris, France has agreed to pay U.S. federal and state authorities $1.34 billion to resolve legal disputes due to the firm’s...

READ MORE >
OCC Warns Wells Fargo Over Tech, Security Issues
OCC Warns Wells Fargo Over Tech, Security Issues
November 06, 2018  |  Bank Regulation

Wells Fargo’s regulatory woes continue. According to a report in The Wall Street Journal on Wednesday (Nov. 7), the bank in “recent weeks” has been sent a...

READ MORE >