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The agencies had proposed an "accounting prong" as an alternative means to determine which proprietary trades are banned, but their final rule heeded industry concerns that that would be worse than the current approach.
August 20 -
The Louisiana company will enter two new markets after it buys the locations.
August 20 -
Proponents of a plan to get the Postal Service more involved in banking say it would restore profitability. Actually it would lose more money.
August 20Taxpayers Protection Alliance -
Community First will pay $40 million in cash for the parent of Affinity Bank.
August 20 -
Following an article by American Banker and ProPublica that detailed how political appointees weakened the penalties paid by two large banks, the Massachusetts senator is demanding more information from the Justice Department.
August 20 -
Visa is offering four new security tools to assist merchants, acquirers and card issuers by disrupting fraud in real time.
August 20 -
The information you need to start your day, from PaymentsSource and around the Web. Today: How China's central bank currency could harm Alipay and WeChat Pay; Miami transit turns contactless; PayPal gets deeper into retail; Metal Pay draws investment.
August 20 -
Regulatory efforts to protect consumers from harassment and robocalling are forcing big changes. Attorney Quyen Truong at Stroock & Stroock explains.
August 20 -
CDCUs provide essential financial services in underserved communities but these institutions can struggle to keep up with compliance and technology demands.
August 20 -
Digital incentive marketing, gift cards and loyalty points creates more information to attract crooks, says PerimiterX's Omri Lluz.
August 20PerimeterX