-
FHFA Director Bill Pulte, a staunch ally of President Donald Trump, wrote a letter to Bondi and DOJ official Ed Martin on Aug. 15 suggesting that Cook may have committed a criminal offense.
August 20 -
The lawsuit argues that a state law from 1967 concerning wiretapping also applies to internet tracking. Similar arguments in related cases have had mixed success.
August 20 -
Say goodbye to Fannie Mae form 1004 and various addendum as lenders and appraisers have to get ready to work with the Uniform Residential Appraisal Report.
August 20 -
The faster timelines for completing bank mergers this year reflects a transformed regulatory environment under the Trump administration. In several cases, deals have closed just a few months after they've been announced.
August 20 -
The deal brings together a banking core provider and a digital banking software platform to offer an end-to-end tech product for community and regional banks.
August 19 -
In Brazil, QR codes have been powering Pix, the country's instant payment scheme, for years. Two fintechs are hoping that connecting QR codes to instant payment schemes such as FedNow will help drive uptake for instant account-to-account payments.
August 19 -
The expansion-minded Hampton Roads-based lender announced plans to acquire Dogwood State Bank just weeks before its plans to close a deal for a Virginia-based competitor.
August 19 -
Everything from company culture to data security concerns is hamstringing the pace of automation in financial services, per new American Banker research.
August 19 -
The firm, which is relaunching its signature payment system, gets a branding opportunity and a testing ground in dozens of stadiums and arenas.
August 19 -
Consumer advocates are urging lawmakers to hold hearings on the Consumer Financial Protection Bureau's new open banking rule and whether Congress authorized banks to charge fees for data access.
August 19 -
Markel O'Neal Calhoun, a former Regions Bank employee, has been barred from ever working in the industry again after embezzling $17,981, according to the Federal Reserve.
August 19 -
Fed Vice Chair for Supervision Michelle Bowman warned that focusing too much on technology risks could make banks lose relevance with customers.
August 19 -
Senate Banking Committee Chairman Tim Scott, R-S.C., asked crypto firms to keep spending in elections, and said that they "literally" put Bernie Moreno, Sherrod Brown's successor in Ohio, in the Senate.
August 19 -
The Federal Deposit Insurance Corp. proposed a rule Tuesday that would allow banks to remove FDIC insurance labels except on initial webpages and no longer require alerts warning customers that non-deposit products are not insured.
August 19 -
Matt Mullet, the company's longtime chief financial officer, said he's spent the past year getting accustomed to the people side of management.
August 19