The Office of the Comptroller of the Currency (OCC) issued two bulletins that it said will improve the effectiveness and efficiency of Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance while reducing unnecessary regulatory burden on community banks. Get the Full Story Complete the form to unlock...
The Consumer Financial Protection Bureau’s Nov. 13 proposal to revise small business lending requirements under ECOA and Regulation B marks a significant turning point for lenders navigating digital underwriting and expanding credit access. Get the Full Story Complete the form to unlock this article and...
The Federal Deposit Insurance Corp.’s latest board agenda reads like a preview of the next major regulatory issues looming for big banks, and by extension, their FinTech partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Consumer Financial Protection Bureau (CFPB) says its financial supervision efforts will continue next year. 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 newsletter,...
President Donald Trump’s Department of Government Efficiency (DOGE) was supposed to last until next summer. 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 newsletter,...
The chairman and vice chairman of the House Financial Services Committee are encouraging the Consumer Financial Protection Bureau (CFPB) to protect consumer choice and financial data privacy as it writes new rules for open banking. Get the Full Story Complete the form to unlock this...
The Consumer Financial Protection Bureau (CFPB) may be getting a new director. However, one Democratic senator said that the nomination may be a ploy to keep the current acting director in that position as he shuts down the bureau. Get the Full Story Complete the...
Another lawsuit has reportedly been filed in a dispute between the Federal Deposit Insurance Corporation (FDIC) and Capital One over how much the bank should pay to help bail out depositors of two financial institutions that failed in 2023: Silicon Valley Bank and Signature Bank....
United Kingdom ministers reportedly plan to make it illegal to resell tickets for live events at a price above face value. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
