Ian McKendry is the Congress reporter for American Banker. He previously covered the Federal Deposit Insurance Corp., anti-money laundering and cybersecurity. Before joining American Banker he was an economic reporter for Market News International.
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House Republicans attacked the Consumer Financial Protection Bureau on Wednesday, arguing the agency is not able to safely secure the anonymous bulk data it collects on consumers' financial activities.
By Ian McKendryDecember 16 -
News that two suspected terrorists took out a loan with a prominent marketplace lender has fueled fears online lending could be more susceptible to terrorist financing.
By Ian McKendryDecember 16 -
A decline in bank failures and improving stability across the financial industry helped persuade the Federal Deposit Insurance Corp. to approve a 4.7% reduction in its 2016 operating budget on Tuesday.
By Ian McKendryDecember 15 -
News that two suspected terrorists took out a loan with a prominent marketplace lender has fueled fears online lending is more susceptible to terrorist financing. Yet experts said that the criticism directed at the industry appears unfounded. Here's why.
By Ian McKendryDecember 11 -
The upcoming release of the evaluations for the largest banks' resolution plans won't just reflect on the institutions themselves, but the regulators as well. Here's why.
By Ian McKendryDecember 7 -
If a forum hosted by the Treasury Department this week on economic inclusion showed anything, it was that bankers, financial technology firms and policymakers continue to struggle with how to bring more people into the financial mainstream.
By Ian McKendryDecember 4 -
WASHINGTON New York Governor Andrew Cuomo proposed a requirement on Tuesday that could put bank compliance officers on the hook if a bank's anti-money-laundering system fails to meet state standards.
By Ian McKendryDecember 1 -
The prepaid card giant Green Dot is getting into the matchmaking business.
By Ian McKendryDecember 1 -
The Federal Deposit Insurance Corp.'s third-quarter industry update pointed to signs of banks expanding their risk profiles despite slow revenue growth.
By Ian McKendryNovember 24 -
U.S. bank earnings increased 5% in the third quarter from a year earlier to $40.4 billion as a few large banks recorded lower litigation expenses, the Federal Deposit Insurance Corp. said Tuesday.
By Ian McKendryNovember 24