The trade war may be downsized to a skirmish that maybe won’t even be waged. 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,...
A Bank of England official warned on Monday (April 9) that the U.K.’s financial system is under cyberattack almost constantly, prompting regulators to soon roll out new standards for cybersecurity for financial firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The Consumer Finance Protection Bureau is seeking to impose fines – for a record amount – on Wells Fargo tied to the banking giant’s practices in the auto insurance and mortgage lending realms. Get the Full Story Complete the form to unlock this article and...
Community Financial Services Association of America, the payday lending trade group, filed a lawsuit against the Consumer Financial Protection Bureau to stop a regulation put into place under the Obama administration that it claims will kill the industry. Get the Full Story Complete the form...
The Office of the Comptroller of the Currency (OCC) is getting ready to release its position on a proposed charter for online lenders and other FinTech companies in the next three months. Get the Full Story Complete the form to unlock this article and enjoy...
In an effort to prevent allegedly illegal trading profits from leaving the U.S., the Securities and Exchange Commission (SEC) has obtained a court order to freeze more than $27 million in proceeds from sales of restricted shares of Longfin Corp. involving the company along with...
JPMorgan Chase CEO Jamie Dimon praised President Donald Trump in his annual letter to shareholders, saying his administration’s moves have help the biggest U.S. bank make a lot of money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Consumer Financial Protection Bureau acting director Mick Mulvaney is using the agency’s structure as an excuse to refuse to answer questions about his leadership. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Reserve Bank of India has banned regulated financial institutions in the country from dealing with cryptocurrencies, CNBC reported. 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...
