banking regulation

OCC Chief Praises Mulvaney On Halting Payday Rule
OCC Chief Praises Mulvaney On Halting Payday Rule
February 07, 2018  |  CFPB

After a 45-minute meeting on Tuesday (Feb. 6), Comptroller of the Currency Joseph Otting had nothing but praise for acting Consumer Financial Protection Bureau (CFPB)...

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China Tackles ‘Grim, Complicated’ Corporate Debt
China Tackles ‘Grim, Complicated’ Corporate Debt
January 29, 2018  |  B2B Payments

China’s rising levels of corporate debt are in the headlines again with the nation’s banking regulator reportedly introducing to lower debt levels. Reports in Reuters said...

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EU May Loosen Software Bank Rules
EU May Loosen Software Bank Rules
September 06, 2017  |  Bank Regulation

With FinTechs eroding away traditional banks’ lead, rules governing investments in software in the European Union (EU) may loosen. According to a news report in...

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Push Back On Regulatory Rollback?
Push Back On Regulatory Rollback?
August 21, 2017  |  Bank Regulation

The regulatory rollback may be rolled back. It has been a key aim of the Republican Congress and President Donald Trump’s administration over the past...

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CFPB Rails Against Costly Pay-By-Phone Fees
CFPB Rails Against Costly Pay-By-Phone Fees
August 01, 2017  |  Security & Fraud

The Consumer Financial Protection Bureau warned companies  Monday (July 31) about  tricking consumers into expensive pay-by-phone fees. In a press release the government watchdog said...

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Trump Outside Advisor Wants CFPB’s Cordray Fired
Trump Outside Advisor Wants CFPB’s Cordray Fired
July 31, 2017  |  Bank Regulation

An outside advisor to President Donald J. Trump, Corey Lewandowski, said Sunday (July 30) that Consumer Financial Protection Bureau (CFPB) Director Richard Cordray should be...

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RBS To Allocate $1 Billion To Help SMEs Switch To FinTechs
RBS To Allocate $1 Billion To Help SMEs Switch To FinTechs
July 28, 2017  |  B2B Payments

RBS, one of the U.K.’s top banks, is required allocate to more than $1 billion to help small businesses switch to its competitors. Reports Thursday...

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Will Big Banks Get a Bottom Line Boost on Deregulation?
Will Big Banks Get a Bottom Line Boost on Deregulation?
July 24, 2017  |  Bank Regulation

Banks’ bottom lines may get a boost from deregulation from Capitol Hill. Barron’s noted this past weekend that a spate of proposals to roll back...

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SWIFT KYC Registry Goes Global
SWIFT KYC Registry Goes Global
July 18, 2017  |  B2B Payments

SWIFT is opening up its KYC registry to more banks around the globe. The payments messaging company said Monday (July 17) that its KYC Registry...

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