Costco has sued the Trump administration over what it calls the country’s “unlawful” tariffs. 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....
Private credit, representing lending by nonbank entities to companies, has in recent years come to rival traditional bank lending in size and influence. According to the U.S. Federal Reserve, private credit outstanding has roughly doubled over the past five years. At the same time, many...
Google reportedly withdrew an antitrust complaint that it filed with the European Union against Microsoft. 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,...
The Federal Deposit Insurance Corp. terminated consent orders against New York-based Israel Discount Bank of New York and Georgia-based F&M Bank and Trust Company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Republican members of the House Financial Services Committee have asked federal banking regulators to reconsider the application of Enhanced Prudential Standards (EPS) for banks with between $100 billion and $250 billion in assets. Get the Full Story Complete the form to unlock this article and...
Prediction market Polymarket said Tuesday (Nov. 25) that it received an approval from the Commodity Futures Trading Commission (CFTC) that positions the company to return to the United States under a fully regulated exchange structure. Get the Full Story Complete the form to unlock this...
The Office of the Comptroller of the Currency (OCC) issued two bulletins that it said will improve the effectiveness and efficiency of Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance while reducing unnecessary regulatory burden on community banks. Get the Full Story Complete the form to unlock...
The Consumer Financial Protection Bureau’s Nov. 13 proposal to revise small business lending requirements under ECOA and Regulation B marks a significant turning point for lenders navigating digital underwriting and expanding credit access. Get the Full Story Complete the form to unlock this article and...
The Federal Deposit Insurance Corp.’s latest board agenda reads like a preview of the next major regulatory issues looming for big banks, and by extension, their FinTech partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
