The Cyberspace Administration of China, the top cyber regulator in the country, dismissed a report that placed it in last place for freedom of press. It ranked last out of 65. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
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...
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 —...
In banking news, Keith Noreika, the acting U.S. Comptroller of the Currency, is trying to make it easier for Wells Fargo to pay employees when they leave the embattled financial institution, relaxing a restriction put in place last year when the bank’s fake account scandal...
Five states’ attorneys general are investigating why exactly it was that Equifax didn’t disclose its data breach for almost six weeks after its discovery. Said breach left the personal data of 145.5 million American compromised. Get the Full Story Complete the form to unlock this...