Bloomberg reports that banks in Kenya are pursuing regulatory approval to use distributed ledger technologies (DLT) to help facilitate payments and create credit scoring models....
China’s banking and insurance regulator has asked banks and insurers to examine and tackle “weak points” in the country’s infrastructure sector. Get the Full Story...
Federal Deposit Insurance Corporation (FDIC) Chairman Jelena McWilliams is set to review policies being proposed by other Trump-appointed officials, including rules on bank capital, small-dollar loans...
Sen. Cory Booker has proposed legislation that would prohibit financial institutions from charging overdraft fees on debit card transactions and ATM withdrawals. Get the Full...
The U.S. Department of Justice (DOJ) announced that Wells Fargo will pay $2.09 billion in penalties to settle claims related to mortgage loans that the lender...
Loosening federal regulations, enacting national data breach protections and drafting “model laws” at the state level to reduce overlapping red tape, could help promote FinTech...
California lawmakers are considering legislation that would extend disclosure requirements currently required by consumer lenders to lenders of small business loan products, according to Manatt,...
Inevitable? Maybe (even if one’s view of inevitability may depend on one’s views of science and history). Well-financed and backed by significant IT focus? Yep....