The Federal Deposit Insurance Corporation has prevailed in a case stemming from Silicon Valley Bank’s collapse. As Reuters reported Monday (Aug. 31), a federal judge has ruled that the former parent company of the bank (SVB) cannot pursue a $1.71 billion claim against the regulator...
Lineage Bank, which was a partner bank for Synapse, the banking-as-a-service (BaaS) provider that went bankrupt in 2024, has reached a consent order with the Federal Deposit Insurance Corporation (FDIC). According to the consent order dated June 24 and announced by the FDIC in a Friday (July 31) press release,...
In 1996, Congress passed legislation requiring banking agencies to address unneeded regulatory burdens. Thirty years later, it is difficult to tell if the efforts behind the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) have been effective, the Government Accountability Office (GAO) said in a...
Washington has decided that stablecoins are too significant, economically and systemically, to remain outside the regulatory perimeter. Now comes the rulemaking. With the GENIUS Act’s first anniversary arriving and being signed into law this July, U.S. in full implementation mode. The clock is running. The...
September 17, 2025
Watch more: TechReg Talks: Bill Roberts, Cambridge University Judge Business School The United Kingdom’s open banking experiment began with high hopes and hard lessons. Adoption has grown steadily, with millions of U.K. consumers now sharing bank data with trusted third-party providers to access budgeting tools, faster payments and credit offers. But the road from concept […]
August 18, 2025
From “winning the AI race,” to making America the “crypto capital” of the world, the 2025 political sphere has raised a host of implications for business. And while Congress is...
July 01, 2024
2024 is fast becoming the summer of consent orders for smaller banks. That’s because, with the news Friday (June 28) that Tennessee-based Thread Bancorp is now the latest financial institution...
May 01, 2023
The suddenness of the Silicon Valley Bank collapse shocked the venture capital and technology communities. When the bank’s massive investment losses caused a significant swath of depositors to withdraw their...
October 04, 2026
China has reportedly closed almost 25% of its banks amid increased oversight of smaller lenders. The world’s second largest economy shuttered a record 670-plus banks in 2025, the Financial Times (FT) reported Saturday (Oct. 3), citing figures from China’s National Financial Regulatory Administration. The closures, primarily in rural areas, place the number of banking entities […]
August 31, 2026
The Federal Deposit Insurance Corporation has prevailed in a case stemming from Silicon Valley Bank’s collapse. As Reuters reported Monday (Aug. 31), a federal judge has ruled that the former...
July 31, 2026
Lineage Bank, which was a partner bank for Synapse, the banking-as-a-service (BaaS) provider that went bankrupt in 2024, has reached a consent order with the Federal Deposit Insurance Corporation (FDIC). According to...
July 28, 2026
In 1996, Congress passed legislation requiring banking agencies to address unneeded regulatory burdens. Thirty years later, it is difficult to tell if the efforts behind the Economic Growth and Regulatory...