Bank Regulation

Bank Regulation
Lawmakers Question US Banking Relationship With Hong Kong
November 25, 2024

Two U.S. lawmakers reportedly want the country to rethink its banking relationship with Hong Kong. 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...

Bank Regulation
Report: TD Bank Close to Adding Compliance Monitors
November 25, 2024

TD Bank reportedly is working to select compliance monitors to track its progress on risk and controls and report to regulators, as ordered by the U.S. government in October. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Bank Regulation
Regulators Tell House Committee They’ll Pause New Banking Rules
November 20, 2024

There’ll be a moratorium on new banking rules — at least for a bit. 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...

Bank Regulation
McHenry: Banking Regulators Stuck ‘Fighting the Last War’
November 20, 2024

By this time next year, America’s banking regulators will likely have new leadership. 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....

Bank Regulation
Revolut CEO: Growing Without Banking License Was ‘Wrong Decision’
November 20, 2024

Is U.K. FinTech startup Revolut pursuing a banking license in the U.S? 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...

Bank Regulation
Chopra Calls for Deposit Insurance Reform Following Okla. Bank Failure
November 18, 2024

America’s top consumer watchdog is calling for deposit insurance reform. 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...

Bank Regulation
CFPB: Navy Federal CU Fined $95 Million for Alleged Illegal Overdraft Fees
November 07, 2024

The government has ordered America’s largest credit union to repay its customers $80 million. 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...

Bank Regulation
Capital One Discloses CFPB Investigation of New High-Interest Savings Accounts
November 01, 2024

Capital One disclosed Thursday (Oct. 31) that it could face an enforcement action by the Consumer Financial Protection Bureau (CFPB) regarding its introduction of a new savings account product with a higher interest rate than its existing savings account products. Get the Full Story Complete...

Bank Regulation
House Republicans Blast ‘Undue Scrutiny’ of Bank-FinTech Partnerships
October 31, 2024

House Republicans are warning against what they argue is regulatory overreach in bank-FinTech partnerships. 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...