bank regulation

How Banks Can Compete With FinTechs Under PSD2
How Banks Can Compete With FinTechs Under PSD2
June 25, 2019  |  Regulation

With Open Banking expanding across the EU, legacy FIs are increasingly at risk of losing customers to FinTech firms that now have access to previously...

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In The PSD2 Age, Banks Must Think Like FinTech Firms
In The PSD2 Age, Banks Must Think Like FinTech Firms
June 24, 2019  |  Regulation

With the Strong Customer Authentication (SCA) compliance deadline less than four months away, banks are still underprepared. While banks continue to open their application programming...

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PayPal, Google Give OCC’s Bank Charter The Cold Shoulder
PayPal, Google Give OCC’s Bank Charter The Cold Shoulder
June 17, 2019  |  B2B Payments

The dispute over the Office of the Comptroller of the Currency‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly...

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UK Challenger Banks Stumble On Stress Tests
UK Challenger Banks Stumble On Stress Tests
June 16, 2019  |  Banking

Stress tests haven’t been kind to so-called challenger banks in the U.K., according to a Financial Times report. It stated that the “Bank of England...

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How Basel III Affected SMB Lending
How Basel III Affected SMB Lending
June 10, 2019  |  B2B Payments

The Financial Stability Board says Basel III rules have not led to a squeeze of the small business bank lending market, according to reports on...

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Token CEO: Why Open Banking Is Really ‘Closed Banking’
Token CEO: Why Open Banking Is Really ‘Closed Banking’
June 10, 2019  |  Bank Regulation

Open Banking is brand new, but maybe not. Token.io Limited CEO Steve Kirsch tells Karen Webster that there are limitations with PSD2 amid a lack of API...

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ICC Says Regulation Limits Trade Finance
ICC Says Regulation Limits Trade Finance
May 29, 2019  |  B2B Payments

UBS shed light this week on a persistent challenge in the traditional financial services industry. Reports in Reuters on Tuesday (May 28) said UBS expects...

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China’s Baoshang Bank Overtaken By Regulators
China’s Baoshang Bank Overtaken By Regulators
May 24, 2019  |  Bank Regulation

Baoshang Bank, based in Inner Mongolia, will be taken over by China’s banking and insurance regulator over critical credit risks, according to a report by...

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US Credit Card Rates Hit All-Time High
US Credit Card Rates Hit All-Time High
May 17, 2019  |  Consumer Finance

Americans are now paying the highest level ever on credit card interest rates — and that could have a negative impact on consumer spending and...

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