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Regulators want Fannie Mae and Freddie Mac to build up massive amounts of capital before being freed from government control. Don Layton, Freddie's departing chief executive officer says that's easier said than done.
May 21 -
The credit union regulator’s proposal to raise the appraisal threshold for nonresidential real estate loans won’t harm the economy or consumers, contrary to critics’ claims.
May 21 -
The 72% backing was the lowest approval rate for the resolution since 2015. An advisory firm criticized the bank's policy as too subjective.
May 21 -
Former Federal Reserve Gov. Daniel Tarullo warned that a Fed proposal to weaken the stress capital buffer, among other things, could hurt safety and soundness.
May 21 -
Seven European banks are testing Swift's Global Payments Innovation real-time cross-border payments through the continent's Target Instant Payment Settlement process.
May 21 -
The legislation faces a tougher path in the Senate where GOP leaders are reluctant to ease restrictions on what is still a banned narcotic.
May 21 -
Visa's tokenization began as a way to shield digital commerce and has developed into a major catalyst for Visa in landing partnerships.
May 21 -
Fears are growing that the rapid rise in fee-charging ATMs could have catastrophic consequences for the U.K.’s fragile SME market, with major supermarkets and card networks predicted to be the biggest beneficiaries.
May 21 -
Credit union executives reported seeing an uptick in car loans as the weather improved but some predicted lending would be down this year.
May 21 -
The private sector will be able to provide more efficient and innovative technologies for the industry.
May 21George Mason University