The Consumer Financial Protection Bureau (CFPB) has recognized Financial Data Exchange (FDX) as a standard-setting body, allowing it to issue standards that companies can use to help them comply with the CFPB’s regulations. Get the Full Story Complete the form to unlock this article and...
The Bank of England has reportedly announced plans to relax rules for banks and insurers. 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,...
The newest update to the Payment Services Directive, PSD3, has been two years in the making, and final guidelines are expected to come this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Federal Deposit Insurance Corporation (FDIC) rated five banks “outstanding” and one bank “needs to improve” in its latest monthly list of banks examined for Community Reinvestment Act (CRA) compliance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Moving into the new year, headlines swirled around bank stress tests and rulemaking from the Federal Reserve. 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...
Recent steps taken by the Federal Deposit Insurance Corporation (FDIC) will help ensure that fund managers are not “improperly influencing” decisions made by FDIC-supervised banks, Rohit Chopra, member of the FDIC board of directors and director of the Consumer Financial Protection Bureau (CFPB) said in...
Five banks entered into stipulated orders and written agreements with the Federal Deposit Insurance Corporation (FDIC) in November. 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...
New York is reportedly tightening its financial scrutiny as Donald Trump returns to office. 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...
Five groups representing banks and businesses sued the Federal Reserve on Tuesday (Dec. 24), saying its current stress testing framework is “opaque” and violates the law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
