A bill that would give regional banks a break on regulation won approval in the U.S. House of Representatives on Tuesday (May 22), with the bill now headed to President Trump for his expected signature. Get the Full Story Complete the form to unlock this...
While U.S. states got the nod from the Supreme Court to allow betting on sporting games, it still faces challenges as to how those bets are placed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
It’s happened again. 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, you agree to receive marketing communications...
The deadline cometh. Today (May 11) is the day the final rule, served up by the Financial Crimes Enforcement Network (FinCEN), takes effect. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Britain’s financial watchdog, the Financial Conduct Authority (FCA), has come under attack from former small business owners who have complained about being mistreated by big banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
After workers reportedly didn’t get rest breaks, allowed by California’s strict labor rules, Wells Fargo will have to pay $97 million to private mortgage bankers and home mortgage consultants in the state based on both hourly pay and commissions, American Banker reported. Get the Full...
May 11 is basically here, with new Customer Due Diligence rules likely to send ripples, if not shockwaves, across the FI landscape. As GIACT EVP of product David Barnhardt explains, in a world where "ready or not" takes on new meaning when it comes to compliance,...
The Department of Labor is examining if Wells Fargo pushed retirement-planning customers into pricier accounts and toward buying more expensive investment funds, generating more fees for itself, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Fiserv, the global provider of financial services technology, announced Wednesday (April 25) the launch of FinKit for Open Banking, which is aimed at helping financial institutions meet and keep pace with new regulations coming thanks to the open banking initiative. Get the Full Story Complete...
