Last week, on June 24, the U.K. Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) issued two different statements about the future of...
Citi has appointed Artie Ambrose as head of its Treasury and Trade Solutions (TTS) Operations division effective Aug. 1, reporting directly to Nicola Kane, head of...
The House Financial Services Committee’s ranking member, Patrick McHenry, released a draft bill on June 23 that seeks to modernize financial data privacy laws and...
The recent crypto troubles have only added to Office of the Comptroller of the Currency (OCC) Acting Chief Michael Hsu’s resistance to allow lenders to...
The Consumer Financial Protection Bureau (CFPB) took its first step yesterday, June 22, to change the regulation affecting credit card late fees. The Bureau published...
Citi has removed overdraft, overdraft protection transfer and returned item fees from Citi Retail Banking consumer deposit accounts, with the changes having gone into effect...
In today’s top stories from Europe, the Middle East and Africa (EMEA), Emirati PropTech Huspy, Swedish electric vehicle marketplace Carla and German logistics platform TradeLink...
The Consumer Financial Protection Bureau (CFPB) announced on Friday (June 17) that it is measuring the impact that account overdraft fees have on consumers, and...
There’s that old statement attributed to U.S. retail magnate John Wanamaker, which neatly sums up the challenge of card-level promotions, especially in the digital age:...