A bipartisan group of U.S. senators has agreed to lift some of the financial regulations placed on regional banks following the 2008 financial crisis, according to a Monday (Nov. 13) report by the Wall Street Journal. Get the Full Story Complete the form to unlock...
The Consumer Financial Protection Bureau (CFPB) is looking for more information on consumers’ experiences with using sites that promise free access to a credit score. Published in the Federal Register yesterday, the request for information (RFI) also extends to consumer data about companies and nonprofits...
Call it the “opening of China,” redux. 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 this form, you agree...
Regulators in the U.K. are being called on to keep banks competitive on a global basis once they exit the European Union (EU), reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Small banks do not want to compete with the Amazons and Walmarts of the world when it comes to offering financial services for clients. As of today, they more or less are protected from having to do so by regulations that prevent banks’ holding companies...
California Congresswoman Maxine Waters has some questions for the Treasury Department about what it intends to do to beef up security — particularly with regards to anti-money laundering rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Federal Reserve’s new vice chairman for supervision said the agency will take a closer look at the potential disruptions posed by FinTech firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Tezos, the technology project that raised $232 million via an initial coin offering in July, is being sued in a class-action lawsuit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Wells Fargo, the embattled bank, disclosed in a regulatory filing that it is facing lawsuits over scandals in its auto lending and mortgage units. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
