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FDIC Chief To Revisit Banking, Lending Rules

FDIC Chief To Revisit Banking, Lending Rules
FDIC Chief To Revisit Banking, Lending Rules
August 07, 2018  |  Bank Regulation

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...

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Iran Central Bank Deputy Chief Arrested In Fraud Crackdown
Iran Central Bank Deputy Chief Arrested In Fraud Crackdown
August 06, 2018  |  Cybersecurity

The deputy chief of Iran’s central bank was dismissed from the position and arrested as part of the government’s crackdown on financial fraud, according to...

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China Locks Down Financial District As P2P Lending Implodes
China Locks Down Financial District As P2P Lending Implodes
August 06, 2018  |  Cross-border Payments

China has ordered a lockdown of Beijing’s financial district Monday (August 6) to prevent individuals from protesting a crisis in the peer-to-peer (P2P) lending marketplace....

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Singapore Minister Says Breach May Have Been State-Linked
Singapore Minister Says Breach May Have Been State-Linked
August 06, 2018  |  Cybersecurity

Singapore’s Cabinet Minister for Communications and Information S. Iswaran said on Monday (Aug. 6) that the cyberattack that infiltrated 1.5 million health records in the country last month...

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Starbucks Isn’t Accepting Digital Tokens As A Payment Method
Starbucks Isn’t Accepting Digital Tokens As A Payment Method
August 06, 2018  |  Cryptocurrency

Starbucks is not accepting cryptocurrencies as a payment method, despite media reports that alluded to that. Get the Full Story Complete the form to unlock...

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Monzo Extends Its Bank Accounts To UK Residents Aged 16, 17
Monzo Extends Its Bank Accounts To UK Residents Aged 16, 17
August 06, 2018  |  Banking

Monzo, the digital bank, announced Monday (Aug. 6) that it is making its bank accounts open to anyone in the U.K. between the ages of...

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Facebook Reportedly Asks Banks To Share Customer Data
Facebook Reportedly Asks Banks To Share Customer Data
August 06, 2018  |  Facebook / Meta

In an effort to provide more services to its users, Facebook has reportedly asked banks to share customer information, such as checking account balances and...

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215K Retail, Manufacturing Jobs Added In July
215K Retail, Manufacturing Jobs Added In July
August 06, 2018  |  Retail

While economists had predicted that hiring would slow this year, U.S. employers have been expanding their payrolls, adding an average of 215,000 jobs per month...

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