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Lawmakers from both parties strongly criticized Libra this week, but largely steered clear of proposals to stop it.
July 19 -
Even with an economy that has slowed to a "moderate" pace, American Express says U.S. consumers' spending trends remained solid and, in the case of Amex cardholders, they are willing to pay fees for cards that come with the right features.
July 19 -
Finance ministers call for tight regulation of cybercurrencies; Williams says the Fed must “act quickly to lower rates at the first sign of economic distress.”
July 19 -
Blockchain and cryptocurrency innovations threaten to upend mainstream remittance providers, but there are still market gaps that may be best served by a large bank footprint.
July 19 -
As budget questions loom over the most popular Small Business Administration loans, lenders have embraced the previously overshadowed 504 program after a key policy tweak.
July 18 -
Readers react to House lawmakers attempting to overhaul the credit bureaus, express sarcasm to the Senate Banking Committee eyeing cannabis banking, criticize Sen. Elizabeth Warren's plans to overhaul Wall Street and more.
July 18 -
The credit card issuer reported expense growth that rose faster than net interest income during the second quarter.
July 18 -
The National Credit Union Administration caught flak after it approved raising the threshold for appraisals on commercial real estate loans to $1 million.
July 18 -
In a registration statement filed with the SEC, the company revealed new details about its financial performance and its growth plans.
July 18 -
The company, which announced the conclusion of a three-year-old credit card partnership with TD Bank, is shifting to digital financing of individual consumer purchases.
July 18 -
Swift completed a seven-country trial of its cross-border GPI Instant payment service resulting in the successful integration with Singapore’s domestic instant payment network FAST.
July 18 -
Although the presidentially directed reports on housing finance reform are "essentially done," FHFA Director Mark Calabria doesn't expect them to be published until August or September.
July 18 -
Ahead of a House hearing to examine his company's proposed merger with SunTrust, King tried to downplay regulatory concerns.
July 18 -
Ever since PayPal took control of Venmo as part of its 2013 purchase of Braintree, it has woven Venmo into more and more of its products. Even other acquisitions aren't immune to the spread of Venmo.
July 18 -
Optimizing web sites to be able to accommodate more traffic must be a long-term goal, not only the special days, writes Lex Boost, CEO of Leaseweb USA.
July 18
Leaseweb USA -
The current overdraft rules could use some tweaks, but it should largely remain the same to protect consumers.
July 18
Consumer Bankers Association -
The company will work on Libra, but won’t issue digital currency without proper authority; the bank’s profit dropped 8% on reduced revenue.
July 18 -
After FASB's decision to give most credit unions and banks extra time to prepare, lobbying groups are pushing for more.
July 18 -
The ruling deals a blow to efforts by the Department of Housing and Urban Development to restrict nonprofit housing funds from operating on a national scale.
July 17 -
Executives at the Minneapolis bank, who expect two Fed rate cuts this year, said they can rely on growth in noninterest income to soften the blow.
July 17
























