Two organizations representing lenders have expressed reservations about a new rule proposed Wednesday (Sept. 1) by the Consumer Financial Protection Bureau (CFPB). The rule, if finalized, would require lenders to disclose...
A battle has been raging in the financial industry over the past several years as FinTechs grow more popular and begin to offer more banking...
In a letter to Sen. Elizabeth Warren (D-Mass.) IRS Commissioner Charles Rettig said requiring banks to provide insight into customers’ transaction history could help the...
As credit unions embrace real-time payments as a way to compete with their digital-first rivals, they’re also encountering new security challenges. In this month’s Real-Time...
China’s central bank is planning to provide 300 billion yuan, or $46.4 billion, in low-cost funding to aid banks in providing support for small- and...
Real-time payments are quickly becoming table stakes in the high-speed digital world. A survey found that the availability of real-time payments was a deciding factor...
With its central bank effectively leaderless and the Afghani dollar in a nosedive, geopolitical aspects of the Taliban takeover are being overshadowed by the collapse...
Banks sitting on piles of cash are quickly easing lending standards for both consumers and small businesses in the second quarter as competition to extend...
Four people have been charged with conspiring to deceive banks and credit card companies, according to a press release from the U.S. Department of Justice...