A U.S. District Court ruled Tuesday (Sept. 22) that federal credit unions cannot be forced to comply with the Illinois Interchange Fee Prohibition Act (IFPA),...
The European Union is preparing to make it easier for banks to move funds between EU member states, the Financial Times reported Thursday (June 18), citing a leaked report...
The Consumer Financial Protection Bureau (CFPB) published its final rule on the Equal Credit Opportunity Act (Regulation B) on Wednesday (April 22). The CFPB said...
Nonbanks expanded sharply in corporate credit during the past decade, and this growth coincided with a market in which leverage steadily moved higher. Private credit...
The Consumer Financial Protection Bureau (CFPB) asked a judge Tuesday (July 29) to stay a lawsuit challenging the open banking rule implemented last year by the...
European regulators say they will hold off on imposing new banking rules until 2027. The delay, announced by the European Commission (EC) Wednesday (June 11),...
We’re not quite at the halfway point of the year — that will come June 30 — but the long weekend offers time to pause...
The Bank of England is reportedly looking to ease its “ringfencing” rules for British lenders. As the Financial Times (FT) reported Monday (May 19), this...
The Consumer Financial Protection Bureau (CFPB) is preparing to review its open banking rule. That rule was issued by the CFPB last fall, covering consumer-permissioned...