banking regulation

Push Back On Regulatory Rollback?
Push Back On Regulatory Rollback?
August 21, 2017  |  Bank Regulation

The regulatory rollback may be rolled back. It has been a key aim of the Republican Congress and President Donald Trump’s administration over the past...

READ MORE >
CFPB Rails Against Costly Pay-By-Phone Fees
CFPB Rails Against Costly Pay-By-Phone Fees
August 01, 2017  |  Security & Fraud

The Consumer Financial Protection Bureau warned companies  Monday (July 31) about  tricking consumers into expensive pay-by-phone fees. In a press release the government watchdog said...

READ MORE >
Trump Outside Advisor Wants CFPB’s Cordray Fired
Trump Outside Advisor Wants CFPB’s Cordray Fired
July 31, 2017  |  Bank Regulation

An outside advisor to President Donald J. Trump, Corey Lewandowski, said Sunday (July 30) that Consumer Financial Protection Bureau (CFPB) Director Richard Cordray should be...

READ MORE >
RBS To Allocate $1 Billion To Help SMEs Switch To FinTechs
RBS To Allocate $1 Billion To Help SMEs Switch To FinTechs
July 28, 2017  |  B2B Payments

RBS, one of the U.K.’s top banks, is required allocate to more than $1 billion to help small businesses switch to its competitors. Reports Thursday...

READ MORE >
Will Big Banks Get a Bottom Line Boost on Deregulation?
Will Big Banks Get a Bottom Line Boost on Deregulation?
July 24, 2017  |  Bank Regulation

Banks’ bottom lines may get a boost from deregulation from Capitol Hill. Barron’s noted this past weekend that a spate of proposals to roll back...

READ MORE >
SWIFT KYC Registry Goes Global
SWIFT KYC Registry Goes Global
July 18, 2017  |  B2B Payments

SWIFT is opening up its KYC registry to more banks around the globe. The payments messaging company said Monday (July 17) that its KYC Registry...

READ MORE >
Oust Wells Fargo Directors, Says Sen. Elizabeth Warren
Oust Wells Fargo Directors, Says Sen. Elizabeth Warren
June 20, 2017  |  Bank Regulation

Out with the Wells Fargo directors. That’s a call being made by Massachusetts Sen. Elizabeth Warren, who on Monday said Federal Reserve Chairwoman Janet Yellen...

READ MORE >
Regulators Clarify KYC Rules To Push U.S. Banks To Work Cross-Border
Regulators Clarify KYC Rules To Push U.S. Banks To Work Cross-Border
March 22, 2017  |  Regulation

The Office of the Comptroller of the Currency — the top regulator for national banks — is sending out the message that U.S. banks ought...

READ MORE >
Big Banks Have Paid Out $321B In The Years Since The Financial Crisis
Big Banks Have Paid Out $321B In The Years Since The Financial Crisis
March 03, 2017  |  Banking

The almost decade since the Financial Crisis has been an expensive time to be a big bank — globally, banks have paid out $321 billion in...

READ MORE >