Congress

Banking Trade Group Doesn’t Want Square To Be A Bank
Banking Trade Group Doesn’t Want Square To Be A Bank
October 11, 2017  |  Bank Regulation

The Independent Community Bankers of America (ICBA), the trade group for community banks, is calling on the Federal Deposit Insurance Corporation (FDIC) to deny a...

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Even Mr. Monopoly Can’t Save Equifax CEO
Even Mr. Monopoly Can’t Save Equifax CEO
October 05, 2017  |  Legal

And so, the stately marbled floors of Congress resounded with the footfalls of the Monopoly money guy. You know, top hat and monocle and mustache...

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What Prepaid Card Rules Did On Their Summer Vacation
What Prepaid Card Rules Did On Their Summer Vacation
August 22, 2017  |  Prepaid

Prepaid cards have had a full year on the regulatory front, and the year isn’t over yet. Last week, the Credit Union National Association (CUNA)...

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Nipton, Calif., Goes To Pot, Literally
Nipton, Calif., Goes To Pot, Literally
August 10, 2017  |  Merchant Innovation

In real estate and in retail, location is everything. Malls operated on that theory for years: Put a few anchor stores in to draw foot...

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Small Biz Hiring Stalls
Small Biz Hiring Stalls
August 07, 2017  |  B2B Payments

The tides are turning for small businesses in the U.S. After a spout of optimism, the latest data find a downturn in SMB hiring growth....

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GDP Growth Rebounds in 2Q, Consumer Spending Up  
GDP Growth Rebounds in 2Q, Consumer Spending Up  
July 28, 2017  |  Economy

Looks like the United States economy may be picking up steam. Numbers from the Commerce Department on Friday showed that gross domestic product gathered momentum...

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Will Big Banks Get a Bottom Line Boost on Deregulation?
Will Big Banks Get a Bottom Line Boost on Deregulation?
July 24, 2017  |  Bank Regulation

Banks’ bottom lines may get a boost from deregulation from Capitol Hill. Barron’s noted this past weekend that a spate of proposals to roll back...

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US Lawmaker Calls For Hearings On Amazon’s Whole Foods Bid
US Lawmaker Calls For Hearings On Amazon’s Whole Foods Bid
July 17, 2017  |  Amazon Acquisitions

Amazon is facing calls from a U.S. lawmaker for Congressional hearings on its $13.7 billion bid for grocery store chain Whole Foods Market. According to...

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JPMorgan Chase Opens Earnings Season With Card Loan Growth, Mobile Additions
JPMorgan Chase Opens Earnings Season With Card Loan Growth, Mobile Additions
July 14, 2017  |  Earnings

JPMorgan Chase posted results that helped kick off earnings season Friday morning. The firm showed traction in its loan book, mobile efforts and credit card...

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