Banking Regulators news and trends

FDIC to Banks: Work With Borrowers Impacted by Hurricane Milton
Bank Regulation // October 15, 2024

Federal regulators are encouraging banks and financial institutions to work with borrowers impacted by Hurricane Milton. The Federal Deposit Insurance Corp. (FDIC) and other agencies and regulators issued an advisory Tuesday (Oct. 15) encouraging financial institutions in areas affected by the storm to work with...

Data Dive, New Releases Edition: Apple, Affirm And U.S. Bank Regulators
Data Dive // January 14, 2019

The month of January is considered a mixed bag for movie buffs. While a lot of award hopefuls appear on screens in January, the big push for the serious award contenders really happens the year before. January, on the other hand, is a month for releasing movies that studios hope...

Wells’ Plan To Compensate Auto Insurance Holders Rejected
Regulation // September 12, 2018

Wells Fargo has seen U.S. regulators turn down its plan to pay back customers who purchased auto insurance they didn’t need. Reuters, citing three sources familiar with the matter, reported that the Consumer Financial  Protection Bureau (CFPB) and the Office of the Comptroller of the...

In FinTech, The Race for Patents (And More)
B2B Payments // August 14, 2018

Patents are the lifeblood of innovation, innovation the lifeblood of FinTech. In the race for FinTech-related patents, it seems tech firms are leading banks. Elsewhere, the U.K. garners some headlines tied to cross-pollination between traditional financial players, AI and tech upstarts. No surprise, it’s all aimed...

Quick Reads
House Republicans Blast ‘Undue Scrutiny’ of Bank-FinTech Partnerships

October 31, 2024
House Republicans are warning against what they argue is regulatory overreach in bank-FinTech partnerships. The lawmakers — all members of the House Financial Services Committee – issued a letter Thursday (Oct. 31) to regulators at the Federal Reserve Board, Office of the Comptroller of the Currency (OCC), and Federal Deposit Insurance Corp. (FDIC) responding to […]

FDIC to Banks: Work With Borrowers Impacted by Hurricane Milton

October 15, 2024
Federal regulators are encouraging banks and financial institutions to work with borrowers impacted by Hurricane Milton. The Federal Deposit Insurance Corp. (FDIC) and other agencies and regulators issued an advisory...

Wells’ Plan To Compensate Auto Insurance Holders Rejected

September 12, 2018
Wells Fargo has seen U.S. regulators turn down its plan to pay back customers who purchased auto insurance they didn’t need. Reuters, citing three sources familiar with the matter, reported...