Federal Deposit Insurance Corporation (FDIC) Chairman Jelena McWilliams is set to review policies being proposed by other Trump-appointed officials, including rules on bank capital, small-dollar loans and investments in low-income areas. According to The Wall Street Journal, McWilliams said during her first interview as chairman that...
It was no surprise that FinTech dominated regulatory headlines this past week, with a Treasury report that helped set the stage for a sea change in how these financial upstarts might be both governed and cultivated. Get the Full Story Complete the form to unlock...
Getting bogged down in a maze or taking unnecessary risks — the current climate for FinTech in the United States often leaves players with only those two stark choices, according to Bruce Parker, founder and CEO of Modo, which describes itself as a “cloud-based utility”...
Some Trump administration advisers are pushing the president to set tariffs as high as 25 percent on $200 billion of Chinese imports — a steep increase from the original proposal for 10 percent. According to The Wall Street Journal, the White House is expected to make...
A new report by the Bipartisan Policy Center recommended several reforms that would help the U.S. financial system improve the ability of small businesses (SMBs) to get financing, driven in part by a decline in startup formation in recent decades. Get the Full Story Complete...
Not quite three months after the U.S. Supreme Court struck down state bans on sports betting, MGM Resorts International has signed deals with the NBA and other operations that could mark the first chapter of the country’s new sports and gambling culture. Get the Full...
The New York Stock Exchange (NYSE) has accused a floor trader of being involved in a kickback scheme involving an unnamed broker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Loosening federal regulations, enacting national data breach protections and drafting “model laws” at the state level to reduce overlapping red tape, could help promote FinTech in the United States, according to report released Tuesday (July 31) by the U.S. Treasury Department. Get the Full Story...
The Consumer Financial Protection Bureau (CFPB) may be hated by Republicans and the Trump White House, but it turns out to have strong support among consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
