Lalita Clozel

Consumer Financial Protection Bureau Director Richard Cordray has revived an ongoing dispute between banks and fintech firms over screen scraping, a method certain companies use to obtain access to consumer bank records.

WASHINGTON — The Office of the Comptroller of the Currency plans to publish Wednesday a document outlining findings on regulating fintech.

In a statement of support for fintech companies that rely on screen scraping of bank websites, Consumer Financial Protection Bureau Director Richard Cordray said he was "gravely concerned" about the decision of certain banks to block third-party access to consumer data.

WASHINGTON — The Office of the Comptroller of the Currency has named Charles M. Steele, a former counsel at Davis Polk & Wardwell, as its new deputy chief counsel.

WASHINGTON — A cybersecurity information-sharing group for the financial services industry has moved forward with a plan to create an arm dedicated to combatting threats to the largest banks.

In its biennial survey, the Federal Deposit Insurance Corp. found that in 2015, 7% of U.S. households were unbanked, marking a 0.7% drop from 2013.

In its biennial survey, the Federal Deposit Insurance Corp. found that in 2015, 7% of U.S. households were unbanked, marking a 0.7% drop from 2013.

Banks are reacting positively to a sweeping new cybersecurity proposal from regulators, noting that it only targets the largest institutions and keys off of existing practices.

WASHINGTON -- Federal banking regulators issued a broad proposal Wednesday designed to counteract cybersecurity threats that could hit at the financial industry’s critical junctures.

Federal banking regulators issued a broad proposal Wednesday designed to counteract cybersecurity threats that could hit at the financial industry's critical junctures.