banking regulation

Wells Fargo Receives Approval To Settle $142M Suit
Wells Fargo Receives Approval To Settle $142M Suit
June 15, 2018  |  Bank Regulation

After receiving preliminary approval for a settlement last July, Wells Fargo said that it has received final approval from a California court to settle a...

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Ant Financial Changes Focus To Technology Services
Ant Financial Changes Focus To Technology Services
June 05, 2018  |  International

Amid China’s crackdown on financial risk, Ant Financial is moving away from consumer finance and payments. Instead, it is honing in on technology services, CNBC...

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When FinTechs Compete, Banks Can Also Win
When FinTechs Compete, Banks Can Also Win
May 28, 2018  |  Bank Regulation

It’s not exactly dogs and cats living together in harmony, but FinTechs and banks — the upstarts and the traditionalists — are certainly cozying up,...

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Amazon: How Financial Services Firms Use The Cloud For A Power Boost
Amazon: How Financial Services Firms Use The Cloud For A Power Boost
May 25, 2018  |  Amazon

Among the enduring promises of computer technology is that it would give the “little guys” — all those Davids struggling to compete in a world...

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PHH Walks Away From High Court Appeal On CFPB Constitutionality
PHH Walks Away From High Court Appeal On CFPB Constitutionality
May 04, 2018  |  CFPB

PHH Corporation has decided not to appeal a case that questioned the constitutionality of the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete...

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Dodd-Frank Rewrite Inspires Banks To Tackle Other Rules
Dodd-Frank Rewrite Inspires Banks To Tackle Other Rules
April 30, 2018  |  Banking

With Congress ready to pass the first rewrite of the Dodd-Frank Act, U.S. banks are looking to revise or eliminate more than a dozen other...

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Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
April 10, 2018  |  Bank Regulation

The Consumer Finance Protection Bureau is seeking to impose fines – for a record amount – on Wells Fargo tied to the banking giant’s practices...

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OCC Gearing Up To Publish Position On FinTech Charter
OCC Gearing Up To Publish Position On FinTech Charter
April 10, 2018  |  Regulation

The Office of the Comptroller of the Currency (OCC) is getting ready to release its position on a proposed charter for online lenders and other...

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NCUA’s Membership Rule Change Challenged By Federal Judge
NCUA’s Membership Rule Change Challenged By Federal Judge
March 15, 2018  |  Credit Unions

The National Credit Union Administration’s (NCUA) defense of revisions to a field-of-membership rule isn’t sitting well with a federal judge — and that just might...

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