bank regulation

Wells Fires Slew Of Retail Bank District Managers
Wells Fires Slew Of Retail Bank District Managers
December 06, 2018  |  Banking

Wells Fargo has revealed that it is firing around three dozen district managers due to the retail banking scandal that happened more than two years...

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EU Details Action Plan On Money Laundering
EU Details Action Plan On Money Laundering
December 04, 2018  |  Regulation

European Union finance ministers worked out a plan for combating money laundering and also made a deal on major bank reform on Tuesday (Dec. 4), according to reports from...

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Danske Scandal Could Disrupt Denmark Economy
Danske Scandal Could Disrupt Denmark Economy
December 03, 2018  |  Bank Regulation

The Danske Bank money laundering scandal in Denmark could potentially affect the country’s financial stability. Get the Full Story Complete the form to unlock this...

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Small Biz Complaints Get UK Bank Support
Small Biz Complaints Get UK Bank Support
November 30, 2018  |  Regulation

Financial Times reports that a number of banks in the U.K. have agreed to give smaller firms more power when it comes to complaints about...

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In The Age Of Algorithms, Will Banks Ever Graduate To True AI?
In The Age Of Algorithms, Will Banks Ever Graduate To True AI?
November 21, 2018  |  Artificial Intelligence

It’s the age of algorithms, but not all algorithms are the same — and not all of them constitute true AI. A new PYMNTS report...

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Cannabis Cos’ $4.7B In Cash-Based Taxes Overwhelm IRS
Cannabis Cos’ $4.7B In Cash-Based Taxes Overwhelm IRS
November 15, 2018  |  Taxes

The Internal Revenue Service (IRS) is paying $1.7 million to a Virginia company to handle “large cash payments for processing cannabis federal taxes.” Get the Full...

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EU Ups Bank Supervision To Stem Money Laundering
EU Ups Bank Supervision To Stem Money Laundering
November 13, 2018  |  Regulation

European Union governments have reached a preliminary deal to bolster bank supervision in the hopes of preventing money laundering. Get the Full Story Complete the...

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Major Australian Banks Don’t Want Regulatory Overhaul
Major Australian Banks Don’t Want Regulatory Overhaul
November 12, 2018  |  B2B Payments

Australia’s major banks aren’t in support of an overhaul to the new Banking Code of Practice. Get the Full Story Complete the form to unlock...

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UK Retail Banks Draft FinTech Alliance Guidelines
UK Retail Banks Draft FinTech Alliance Guidelines
November 08, 2018  |  Banking

Top U.K. banks and financial technology firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial...

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