Bank Regulation

Bank Regulation
Revolut’s Size Draws Regulatory Attention in UK Banking License Process
October 22, 2023

Revolut continues to navigate the complexities of obtaining a banking license in the United Kingdom. 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
Banking Industry Pushes Back Against Proposed Capital Rules
October 13, 2023

Two of the largest U.S. banks said capital rules proposed by U.S. regulators could have significant impacts on credit availability and pricing for businesses and consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Bank Regulation
Citi Chair: New Capital Requirements Will Hurt Lending
October 11, 2023

Citigroup’s chairman is the latest banking executive to warn against the U.S. plan for new capital requirements. 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...

Bank Regulation
Fed Bank Watchdog Defends New Capital Requirements
October 09, 2023

Michael Barr wants American banks to see new capital requirements as a help, not a hinderance. 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,...

Bank Regulation
Instant Approval Helps Banks Streamline the KYB Process
October 04, 2023

Scott Steinberg, chief operating officer of Enigma Technologies, said there has been an evolution of know your business (KYB) practices — and there’s increased urgency to use technology to tackle “best practices” and satisfy existing and new laws. Get the Full Story Complete the form...

Bank Regulation
Discover Financial Services’ Agreement With FDIC Boosts Stock Price
October 02, 2023

Discover Financial Services has reportedly reached an agreement with the Federal Deposit Insurance Corporation (FDIC) to improve consumer compliance.  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...

Bank Regulation
SVB’s Collapse Cost $16 Billion, and Fed’s Watchdog Wants to Know Why
September 28, 2023

When Silicon Valley Bank (SVB) failed this spring, it shocked the market.  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
UK Banking Sector Reforms Pushed Back Six Months
September 25, 2023

England’s central bank is putting new banking reforms on hold until the summer of 2025. 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,...

Bank Regulation
Hill Hearing Debates Innovation and Credit Access Threat Due to Banking Regulation ‘Overreach’
September 20, 2023

Change looms in the banking sector as various agencies have put forth proposals that would, among other things, raise capital requirements, mandate that banks with more than $100 billion in assets issue more debt and that almost all institutions re-assess risk. Get the Full Story...