The Merchants Payments Coalition is urging the Federal Reserve to quickly finalize the Fed’s proposal to reduce the fees banks are allowed to charge merchants to process debit card transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Deutsche Bank Securities agreed to pay a $4 million civil penalty to settle Securities and Exchange Commission (SEC) charges that it failed to file certain Suspicious Activity Reports (SARs) in a timely manner. Get the Full Story Complete the form to unlock this article and enjoy...
The Federal Reserve Board has announced an enforcement action against Franklin, Tennessee-based Lineage Financial Network, the bank holding company of Lineage Bank. 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...
The American Bankers Association (ABA) said the proposed amendments to Regulation II that would cap debit card interchange fees are “fundamentally flawed and should not be finalized.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Banking giant HSBC is facing a lawsuit in Australia over alleged fraud-prevention failures. 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....
Greece reportedly aims to cap banks’ money transfer fees, while eliminating consumer bill pay fees. 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,...
Treasury Secretary Janet Yellen says the next administration should leave “critically important” financial regulations untouched. 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 benefits of standardized data formats and exchanges in financial services are myriad. 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....
For banks, the ever-expanding push into global markets also has included a broadening of lending activities — to the tune of trillions of dollars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
