It’s been almost a year since the White House began cutbacks at the Consumer Financial Protection Bureau (CFPB). 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...
The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) withdrew two interagency leveraged lending guidance issuances, saying the guidance was “overly restrictive.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The European Commission fined social platform X 120 million euros (about $140 million), saying it breached the Digital Services Act’s transparency rules, according to a Friday (Dec. 5) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Germany’s financial regulator is reportedly warning banks of risks from unclear ties between artificial intelligence companies. 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...
The European Central Bank is reportedly set to announce proposals to simplify some of its regulations in response to similar overhauls being carried out by regulators in the United States and the United Kingdom. Get the Full Story Complete the form to unlock this article...
Digital financial services platform Nubank said it intends to obtain a banking license in Brazil in 2026. 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...
A Capitol Hill hearing Tuesday (Dec. 2nd) on prudential oversight made clear one problem looms over bank regulation: rulebooks designed for a different era. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
FinTech Propel Holdings received regulatory permission to launch its own 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 to our daily newsletter, PYMNTS Today. By completing...
The banking system is “sound and resilient,” Federal Reserve Board Vice Chair for Supervision Michelle W. Bowman said Tuesday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...