Eleven banking and credit union groups sent a joint letter to members of Congress, urging the lawmakers to reject the Credit Card Competition Act (CCCA) and any expansion of the Durbin amendment. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Bank of Scotland, a subsidiary of Lloyds Banking Group, has been fined £160,000 (about $219,000) by a British regulator for breaching a sanctions law targeting Russia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Bank of London is still under investigation by U.K. regulators amid ongoing losses. 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. By...
Banco Santander was reportedly fined 40 million euros ($47 million) by a Spanish regulator due to past deficiencies in internal processes in Spain at its digital unit Openbank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Comptroller of the Currency Jonathan Gould reportedly said that the Office of the Comptroller of the Currency’s (OCC) work to relax leveraged-loan rules for banks will reduce the regulatory burden on those lenders and help them compete with the private credit industry. Get the Full Story Complete the form...
A bill advanced to the House of Representatives by the House Financial Services Committee aims to reduce unnecessary regulatory burdens on community banks and small credit unions, the committee said in a Friday (Jan. 23) press release. Get the Full Story Complete the form to...
Watch more: TechReg Talks: Davis Wright Tremaine’s Steve Gannon 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. By completing this form,...
A bill introduced in the U.S. House of Representatives Wednesday (Jan. 7) aims to support community banks by tailoring regulation to the size of the bank and making it easier to form new banks. Get the Full Story Complete the form to unlock this article...
HSBC reportedly agreed to pay 268 million euros (about $312.9 million) to French tax authorities to settle charges of tax fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
