The regulatory rollback may be rolled back. 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...
Wells Fargo, the embattled national bank, disclosed in a Securities and Exchange Commission (SEC) filing that the Consumer Financial Protection Bureau (CFPB), a government regulatory agency, is investigating if it closed accounts of customers that needed them. Get the Full Story Complete the form to...
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 fired. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Varo Money, the digital banking fintech that has investment backing from Warburg Pincus, filed for a national banking charter and deposit insurance, putting the Trump administration’s policy to extend bank charters to fintechs to the test. Get the Full Story Complete the form to unlock...
Banks’ bottom lines may get a boost from deregulation from Capitol Hill. 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...
Earlier this month, NACHA–The Electronic Payments Association sent its Government Relations Advisory Group on its annual pilgrimage to Capitol Hill. The purpose of Capitol Hill Day is to provide updates and continued education to Congressional representatives and staff regarding the ACH Network, payments, and the...
Out with the Wells Fargo directors. 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...
Dodd-Frank era reforms may get further pushback in the wake of a new Treasury report, even as the CFPB, in that report’s cross-hairs, keeps on chuggin’ when it comes to prepaid card regulation. Technology may be elementary to tracking regulations, Watson.
Big picture thinking dominated news surrounding financial services and payments regulations this past week. In the U.K., a contentious election brought “hard” and “soft” Brexit into question, while Dodd-Frank got a vote down by the United States House of Representatives — and next stop, the Senate....
