Federal Reserve Board news and trends

Fed Issues Action Against Lineage Financial Separate from Synapse Case
Bank Regulation // December 19, 2024

The Federal Reserve Board has announced an enforcement action against Franklin, Tennessee-based Lineage Financial Network, the bank holding company of Lineage Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

ABA Urges Fed to Withdraw Proposed Debit Interchange Fee Cap
Bank Regulation // December 16, 2024

The American Bankers Association (ABA) said the proposed amendments to Regulation II that would cap debit card interchange fees are “fundamentally flawed and should not be finalized.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Federal Reserve Bars CEO Convicted of Embezzlement From Banking Industry
Security & Fraud // November 21, 2024

The Federal Reserve Board said Thursday (Nov. 21) that it prohibited Shan Hanes, a former CEO of Heartland Tri-State Bank who was convicted of embezzlement, from future participation in the banking industry. Get the Full Story Complete the form to unlock this article and enjoy...

Lawmakers Lobby for One-Size-Fits-All Regulations for Banks and FinTechs
Regulation // November 01, 2024

Among the central debates of regulation, what we might term even the jurisdiction of the regulators — no matter the industry — might boil down to a stark question: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Interviews & Exclusives
Lawmakers Lobby for One-Size-Fits-All Regulations for Banks and FinTechs

November 01, 2024
Among the central debates of regulation, what we might term even the jurisdiction of the regulators — no matter the industry — might boil down to a stark question: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe […]

Time, Really, for Real-Time Payments?

June 19, 2017
Real time payments, as a concept, has been around for a while. What will it take to make the concept a reality?  In our latest Topic TBD, Cheryl Gurz, global...

Quick Reads
Capital One Expects Discover Acquisition to Close May 18 After Gaining Approvals

April 18, 2025
Capital One and Discover Financial Services said Friday (April 18) that they have received all required regulatory approvals to complete Capital One’s proposed acquisition of Discover. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily […]

Fed Issues Action Against Lineage Financial Separate from Synapse Case

December 19, 2024
The Federal Reserve Board has announced an enforcement action against Franklin, Tennessee-based Lineage Financial Network, the bank holding company of Lineage Bank. Get the Full Story Complete the form to unlock this article...

ABA Urges Fed to Withdraw Proposed Debit Interchange Fee Cap

December 16, 2024
The American Bankers Association (ABA) said the proposed amendments to Regulation II that would cap debit card interchange fees are “fundamentally flawed and should not be finalized.” Get the Full...

Federal Reserve Bars CEO Convicted of Embezzlement From Banking Industry

November 21, 2024
The Federal Reserve Board said Thursday (Nov. 21) that it prohibited Shan Hanes, a former CEO of Heartland Tri-State Bank who was convicted of embezzlement, from future participation in the...