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The three federal bank regulators usually try to issue rules jointly, but Comptroller of the Currency Joseph Otting on Tuesday pointed to areas where the agencies may move on separate paths.
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The Veterans and Consumers Fair Credit Act would extend Military Lending Act protections to all consumers.
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The company, which plans to become Altabancorp, said the initiative removes brand confusion and puts its size and scale on display.
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After weeks of enduring a firestorm of negative feedback regarding its proposal to launch the Libra cryptocurrency network, Facebook is turning to a more conventional system by joining other "Pays" in launching Facebook Pay.
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Visa has purchased a minority stake in Nigerian payment processor Interswitch, giving the card brand deeper access to nearly two dozen nations on the continent.
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Multichannel payment technology provider Ingenico Group is partnering with Singapore fintech Pundi X to deliver a point-of-sale terminal that can accept crypto payments.
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From its start four years ago as a PayPal service, the Xoom mobile money transfer network has positioned itself as an international P2P app that could rival traditional networks through its speed and ease of use.
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Fannie Mae and Freddie Mac’s exemption from the Qualified Mortgage rule is on borrowed time, but a House bill would allow lenders to use the mortgage giants’ guidelines for documenting borrower income.
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It should offer some form of guidance to spur innovation, a former official with the bureau says.
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Nok Nok Labs and Apple are separately trying to improve authentication techniques as smartwatch payment options stack up.
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