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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.
November 12 -
It should offer some form of guidance to spur innovation, a former official with the bureau says.
November 12Nevcaut Ventures -
Nok Nok Labs and Apple are separately trying to improve authentication techniques as smartwatch payment options stack up.
November 12 -
Truliant FCU and Topline FCU made changes to their member experience teams while other institutions also announced personnel moves.
November 12 -
New data analytics could help provide more comfort to banks in doing business with the cannabis industry, despite restrictive federal laws.
November 12Quantexa -
Banks like RBC and JPMorgan Chase can now more easily draw real-time FactSet data feeds into applications.
November 12 -
BIS appoints a stablecoin expert to a top position; Goldman responds to Apple Card gender bias claims; and other information you need to start your day, from PaymentsSource and around the web.
November 12 -
New technologies could ease the compliance burden for many institutions but some say they could also widen the divide between large and small credit unions.
November 12 -
If measuring PCI-DSS compliance was like tracking an athletic team's progress, one could say it was in a bad slump.
November 12 -
If cryptocurrency is going to meaningfully disrupt international payments and trade finance, then it must integrate with the international trade process in a relatively frictionless way, says Stasis' Gregory Klumov.
November 12Stasis