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WASHINGTON A Republican lawmaker is urging the Office of the Comptroller of the Currency to consider issues related to virtual currency companies as the agency develops a fintech regulatory framework.
September 20 -
John Stumpf may have hoped that Tuesday's hearing on Capitol Hill would mark a key turning point in Wells Fargo's blossoming scandal, but his harsh questioning by lawmakers and his struggle to answer many of their questions suggests that the embattled megabank's problems are just beginning.
September 20 -
Fraud analytics, e-signatures, consent tools, artificial intelligence and notifications are all being floated as possible defenses against employees making up fake account openings and product sales.
September 20 -
OFG Bancorp in San Juan, Puerto Rico, has sold its bank's participation in a line of credit to the Puerto Rico Electric Power Authority, or PREPA.
September 20 -
Policymakers repeatedly said during a Senate Banking hearing Tuesday that Wells' mistakes couldn't be blamed as the company maintains just on rogue employees. Instead, they see a cultural problem at the San Francisco bank and wonder whether it extends beyond Wells Fargo.
September 20 -
Latah FCU has converted to a state charter with private share insurance, citing NCUA's potential for interference in the credit union's operations through its management of the share insurance fund.
September 20 -
Fraud analytics, e-signatures, consent tools, artificial intelligence and notifications are all being floated as possible defenses against employees falsifying account openings and product sales.
September 20 -
The activist investor is irate that the company's board will not meet to discuss concerns it has over executive compensation and corporate governance.
September 20 -
Ten institutions are rising above national grievances to help startups many minority owned get up and running in a struggling mill town.
September 20 -
San Antonio-based Frost Bank this week became the 11th financial institution to join Early Warnings real-time payments network, which will continue to operate under the clearXchange brand at least through the end of this year.
September 20




