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There's divergence of opinions between one more rate hike this cycle and no further actions.
July 27 -
Michael Miebach, the card network's chief executive, discussed his plan for competing against the Federal Reserve's new real-time settlement system.
July 27 -
The challenger bank and fintech lender will use its first acquisition to expand its point-of-sale financing strategy into another vertical.
July 27 -
The two Trump-appointed governors expressed skepticism that the increased capital requirements for regional banks were necessary to keep the banking sector resilient.
July 27 -
The monitoring, which is already in place in the U.S. came after a month-long consultation with U.K. employees.
July 27 -
The European Central Bank will stop paying banks for the money they are required to keep at the institution as a minimum reserve, a surprise move that could cut billions from lenders' interest income.
July 27 -
The FDIC proposed raising capital requirements for banks with $100 billion or more in total assets gradually over the next five years. Republican appointees on the board opposed the rule as excessive and impetuous.
July 27 - AB - Bankshot podcast
Fintechs created earned wage access so cash-strapped employees could get an advance on their next paycheck to cover urgent expenses. Some say repeat usage of fee-based EWA resembles a payday loan, sparking debate over whether regulators should call EWA a loan.
July 27 -
Artificial intelligence and machine learning are already revolutionizing some elements of the business, but a human ability to "read between the lines" will always be needed.
July 27FIS -
The credit card swipe fee bill won't be in the defense spending package now, but the bill's Republican co-sponsor believes that it will receive a vote soon.
July 26