U.S. Representative Patrick McHenry thinks it’s time for the GOP to move on from its mission to kill the Dodd-Frank Act. McHenry, a front-runner to become the next chairman of the Financial Services Committee, believes Republicans should instead focus on legislation that will help prevent...
Raj Date, a former Consumer Financial Protection Bureau (CFPB) deputy director turned venture capitalist, is launching a new firm that will consult cryptocurrency and digital banking companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The European Banking Authority, the main banking regulator in Europe, slammed Malta for “systematic” failings in the enforcement of anti-money laundering rules, reported the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Is a green light flashing for dealmaking in tech land, allowing large firms to easily snatch up smaller ones? 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...
Watching. Waiting. Concerns about fraud. And an apparent boost for biometrics. 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...
New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Dean Garfield of the Information Technology Industry Council — a trade group that represents Google, Microsoft and other tech companies — is calling for faster development of national privacy norms to avoid opposing state rules. Get the Full Story Complete the form to unlock this article...
The Ministry of Finance in India is proposing that the government relax a directive that would require global payment firms to store the data of customers only locally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Consumer Financial Protection Bureau announced that Brian Johnson, who currently serves as principal policy director at the Bureau, will assume the responsibilities of acting deputy director. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
