Outgoing OCC head Rodney Hood says his tenure was marked by expanding digital assets efforts and embracing bank-FinTech collaborations. 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...
For banks doing business in the private credit market, and in working with nonbank firms, the leverage used by those intermediaries poses risks to stability on the international stage. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Consumer Financial Protection Bureau (CFPB) and retail pawn store operator FirstCash said Friday (July 11) that they reached a settlement on FirstCash’s alleged violations of the Military Lending Act (MLA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
On Thursday (July 10), the United States confirmed Jonathan Gould as Comptroller of the Currency, becoming the first permanent head of the banking regulator in roughly five years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Federal Reserve Board proposed Thursday (July 10) that it revise its supervisory rating framework for large bank holding companies to allow those with a “Deficient-1” rating to be considered “well managed.” Get the Full Story Complete the form to unlock this article and enjoy...
The U.S. Senate voted Thursday (July 10) to confirm the nomination of Jonathan Gould to be comptroller of the currency for a five-year term. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Apple, Visa and Mastercard reportedly won a legal victory in an antitrust lawsuit. 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....
The United Kingdom’s Financial Conduct Authority shuttered over 1,600 websites last year suspected of promoting financial services without permission. 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...
Six state regulators have secured a $4.2 million settlement from Wise US that resolves the regulators’ allegations that the company had inadequacies in its Bank Secrecy Act, anti-money laundering (AML) and Countering the Financing of Terrorism (CFT) program. Get the Full Story Complete the form to...
