bank regulation

Correspondent Banking’s Decline Disproportionately Impacts Islamic Banking

Correspondent Banking’s Decline Disproportionately Impacts Islamic Banking
Correspondent Banking’s Decline Disproportionately Impacts Islamic Banking
April 17, 2018  |  B2B Payments

A new report by the General Council for Islamic Banks and Financial Institutions (CIBAFI) said the decline of correspondent banking relationships disproportionately impacts Islamic financial...

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Cannabis Cos’ Payroll Problems Run Deep
Cannabis Cos’ Payroll Problems Run Deep
April 17, 2018  |  B2B Payments

Earlier this year, the federal government spiked anxieties for legal marijuana businesses. Attorney General (AG) Jeff Sessions issued a memo that seems to ramp up...

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EU Banks Losing Profits, Lending Ability Because Of Reforms, Report Says
EU Banks Losing Profits, Lending Ability Because Of Reforms, Report Says
April 13, 2018  |  B2B Payments

The Association for Financial Markets (AFME) in Europe wants regulators to curb the development of aggressive bank regulation, according to Reuters reports on Thursday (April...

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Singapore Weary Of Forcing Open Banking On FinServ Market
Singapore Weary Of Forcing Open Banking On FinServ Market
April 13, 2018  |  B2B Payments

Singapore is ready for open banking, but regulators don’t want to force it on the financial services market, according to reports in Bloomberg. Get the...

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Punjab National Bank Continues Internal Investigations Into $2B Diamond Heist Scandal
Punjab National Bank Continues Internal Investigations Into $2B Diamond Heist Scandal
April 12, 2018  |  Cross-border Payments

India’s Punjab National Bank (PNB) is conducting an internal investigation into an alleged $2 billion fraud, vowing to come down on anyone involved in the...

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Dodd-Frank, And Deregulation, Is In The House (Maybe)
Dodd-Frank, And Deregulation, Is In The House (Maybe)
April 11, 2018  |  Legal & Regulation

In regulatory land, spring has sprung, to borrow a seasonal phrase. Tax season lurches to its end, and thoughts turn to who spends what and...

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Senate Banking Committee To Repeal CFPB’s Auto Lending Rules
Senate Banking Committee To Repeal CFPB’s Auto Lending Rules
April 11, 2018  |  CFPB

The U.S. Senate Banking Committee is planning to repeal the Consumer Financial Protection Bureau’s (CFPB) indirect auto lending and leveraged lending rules. Get the Full...

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JPMorgan Gives Donald Trump A Shout Out In Annual Letter
JPMorgan Gives Donald Trump A Shout Out In Annual Letter
April 06, 2018  |  Bank Regulation

JPMorgan Chase CEO Jamie Dimon praised President Donald Trump in his annual letter to shareholders, saying his administration’s moves have help the biggest U.S. bank...

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