Financial regulations

Jessica Rich, who joined the agency in 1991, is stepping down in mid-February, the FTC announced Tuesday.

On the heels of his own promotion to acting chairman, McWatters designated his senior policy advisor and former state regulator Sarah Vega to serve as NCUA chief of staff.

The initiative would add payments to the country's national identity system, but the government wants more time to review Mastercard's proposal.

Chinese's largest online payments company to get a footprint in the U.S.; Believers in blockchain bemoan the lack of global cooperation.

The Trump administration late Friday called on all executive departments and agencies to freeze regulations to allow agency heads selected by the president to review pending rules.

Representatives from CUs in the U.S., Ireland, Brazil and Canada were on-hand to discuss a potential carve-out for FIs and other cooperatives.

The Justice Department claims the bank, which has received “satisfactory” ratings in its last four CRA exams, is failing to serve minority neighborhoods around Minneapolis.

The PSD2 rules go into effect in 2018, providing a new opportunity for financial technology companies to compete with banks. But there's also an opportunity for banks.

Top Democrats vowed Tuesday to defend the Consumer Financial Protection Bureau, predicting Director Richard Cordray will file a lawsuit if he were fired by Donald Trump after he is sworn in as president.

The regulator is also evaluating relocating one regional office and scaling back from five regional offices to as few as three.

The OCC's limited-purpose fintech charter will separate the healthiest fintech companies from the unhealthy ones — leading fintech one step closer to disrupting the incumbents.

American Express has prevailed in its latest round of legal sparring with the Justice Department.

China isn't living up to promises to open its card market, a shortcoming the incoming Trump administration should remember when forging trade policies.

As regulators open the door to payment startups and other fintech firms applying for bank charters, what has already been a long journey to this point is only going to get more intense.

President-elect Trump has a number of options to change the Consumer Financial Protection Bureau and its leadership, but each moves carries at least some risk.

A round of deregulation could loosen restrictions on emerging payment types and technology.

The flow of money between countries is changing, and if banks and merchants get caught unaware, a reliable revenue stream will get shut off like a spigot.

A slew of recent cases of misconduct in banking – from both the investment and retail sides of the business – have eroded the trustworthiness of the entire industry, William Dudley, president of the Federal Reserve Bank of New York, said Thursday.

Rhode Island, while geographically small, represents strong business prospects for London-based WorldRemit.