Congress

Congress To Turn Up Heat On FinTech Regulation In 2018
Congress To Turn Up Heat On FinTech Regulation In 2018
January 04, 2018  |  Fintech Investments

A Democrat has some serious advice for Congress when it comes to FinTech. “If we fail to act on FinTech, we are setting ourselves up...

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Congress Out To Reform AML Regs
Congress Out To Reform AML Regs
January 04, 2018  |  Regulation

The Senate Banking Committee’s first hearing of 2018 shows that Congress is interested in reforming illegal financing and money laundering regulations this year. According to...

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Senators Urge Halt On Airport Face ID Program
Senators Urge Halt On Airport Face ID Program
December 22, 2017  |  Security & Fraud

Two U.S. senators urged federal authorities to stop the planned expansion of a $1 billion airport facial scanning program. According to Reuters, Senators Mike Lee,...

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Legislation Would Let More Credit Unions Serve The Underserved
Legislation Would Let More Credit Unions Serve The Underserved
December 18, 2017  |  Credit Unions

A bill introduced in Congress last week would allow credit unions – regardless of charter – to boost their membership efforts and rosters to include...

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Payday Lending And The New CFPB
Payday Lending And The New CFPB
December 05, 2017  |  CFPB

The Consumer Financial Protection Bureau and payday loans have had a wild ride over the last 24 months. After a contentious rulemaking process, an even more contentious first...

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SMBs Tell Congress To Loosen Community Bank Lending Regs
SMBs Tell Congress To Loosen Community Bank Lending Regs
November 16, 2017  |  B2B Payments

Small businesses (SMBs) are urging Congress to ease legislative burdens on banks they say have limited FIs’ ability to lend to SMBs, according to news...

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Lawmakers Reach Deal To Loosen Dodd-Frank For Regional Banks
Lawmakers Reach Deal To Loosen Dodd-Frank For Regional Banks
November 14, 2017  |  Regulation

A bipartisan group of U.S. senators has agreed to lift some of the financial regulations placed on regional banks following the 2008 financial crisis, according...

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GOP’s Corporate Tax Break May Be Phased Out After A Decade, Source Says
GOP’s Corporate Tax Break May Be Phased Out After A Decade, Source Says
November 03, 2017  |  B2B Payments

The GOP released its tax plan Thursday (Nov. 2), offering a glimpse into its Tax Cuts and Jobs Act that includes plans for corporate taxes....

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President Trump Seals The Arbitration Deal
President Trump Seals The Arbitration Deal
November 02, 2017  |  CFPB

The White House announced that President Donald Trump signed a Congressional resolution allowing banks to block customers from filing class-action lawsuits. According to news from...

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