bank regulation

Aussie SMB Ombudsman Suggests Government-Backed Business Bank

Aussie SMB Ombudsman Suggests Government-Backed Business Bank
Aussie SMB Ombudsman Suggests Government-Backed Business Bank
October 03, 2017  |  B2B Payments

Australia’s Small Business Ombudsman Kate Carnell wants the country to establish a government-backed bank to support small businesses (SMBs), news reports said on Monday (Oct....

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Maxine Waters Says Regulators Should Consider Shutting Down Wells Fargo
Maxine Waters Says Regulators Should Consider Shutting Down Wells Fargo
October 03, 2017  |  Bank Regulation

Maxine Waters, the top Democrat on the House Financial Services Committee, issued a report last week suggesting that regulators might want to consider shutting down...

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Bankers To CFPB: Help Us Help Families In Need
Bankers To CFPB: Help Us Help Families In Need
September 28, 2017  |  Bank Regulation

By now, the sobering statistics are familiar: Nearly half of American adults say they could not cover an unexpected expense of $400, according to the...

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Correspondent Banking Declines Amid Regulatory Pressures, Says IMF
Correspondent Banking Declines Amid Regulatory Pressures, Says IMF
September 11, 2017  |  B2B Payments

A new report from the International Finance Corporation, a part of the World Bank Group, finds correspondent banking relationships are down, an unintended consequence of...

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Higher Costs Loom For SMBs Post-Brexit
Higher Costs Loom For SMBs Post-Brexit
September 05, 2017  |  Cross-border Payments

In Europe, Brexit may be setting up to have an outsized effect on small and mid-sized firms, hitting them in the form of higher costs...

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Slowing Down Fraud When Payments Speed Up
Slowing Down Fraud When Payments Speed Up
August 24, 2017  |  Cybersecurity

There’s much to look forward to as the September rollout of Phase 2 of Same Day ACH (Debit Pull) looms, but David Barnhardt, executive vice...

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China Makes Progress In Anti-Shadow Banking Efforts
China Makes Progress In Anti-Shadow Banking Efforts
August 18, 2017  |  B2B Payments

Chinese regulators say they have made progress in efforts to curb the nation’s shadow banking sector, according to reports in the New York Times on  Friday (Aug....

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Today in Data: Wells Fargo Updates
Today in Data: Wells Fargo Updates
July 31, 2017  |  Today In Data

To say that it’s been a rough few years for Wells Fargo would be an understatement. Within just the last few months, we’ve reported on...

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