bank regulation

Iran Central Bank Deputy Chief Arrested In Fraud Crackdown

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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Five at Five: Ride Hailing Service Grab Set For New $1B Investment
Five at Five: Ride Hailing Service Grab Set For New $1B Investment
August 01, 2018  |  News

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Stories include Southeast Asia ride-hailing service Grab...

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Watchdog Says Its Hands Are Tied; Takes No Action Against RBS
Watchdog Says Its Hands Are Tied; Takes No Action Against RBS
August 01, 2018  |  B2B Payments

The Royal Bank of Scotland (RBS) will not face enforcement action by the U.K. Financial Conduct Authority (FCA), according to Reuters reports on Tuesday (July...

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Synovus Buys FCB Bank Financial In All-Stock Deal Valued At $2.9B
Synovus Buys FCB Bank Financial In All-Stock Deal Valued At $2.9B
July 24, 2018  |  Partnerships

Synovus Financial announced on Tuesday (July 24) that it is acquiring FCB Financial Holdings, owner of Florida Community Bank (FCB), Florida’s largest community bank, in...

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Wells Fargo Refunding Customers For Add-On Products
Wells Fargo Refunding Customers For Add-On Products
July 19, 2018  |  Banking

Wells Fargo, the embattled national bank, is reportedly refunding tens of millions of dollars for a range of products, including pet insurance and legal services....

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Funding Circle Fund Reduces US Exposure
Funding Circle Fund Reduces US Exposure
July 16, 2018  |  B2B Payments

An investment vehicle operated by U.K. alternative finance platform Funding Circle is reportedly turning away from U.S. exposure and doubling down on local investment through...

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Banks, Shadow Lenders Risk ‘Race To The Bottom’ In Corporate Bond Market
Banks, Shadow Lenders Risk ‘Race To The Bottom’ In Corporate Bond Market
July 13, 2018  |  B2B Payments

Analysts are warning that rising competition among large lenders and shadow banks to issue junk bonds may cause a “race to the bottom” and uncover...

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PSD2 Smiles On Biometrics — And Other Tales From The New World
PSD2 Smiles On Biometrics — And Other Tales From The New World
July 12, 2018  |  Bank Regulation

Watching. Waiting. Concerns about fraud. And an apparent boost for biometrics. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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