-
A German fintech firm that counts PayPal Holdings Inc. among its investors wants to expand its internet platform for bank-savings products to the U.S.
May 21 -
Mastercard is making a niche play in the hot point of sale financing market, teaming with Dividio and lastminute.com to offer installment loans at checkout.
May 21 -
Regulators want Fannie Mae and Freddie Mac to build up massive amounts of capital before being freed from government control. Don Layton, Freddie's departing chief executive officer says that's easier said than done.
May 21 -
The credit union regulator’s proposal to raise the appraisal threshold for nonresidential real estate loans won’t harm the economy or consumers, contrary to critics’ claims.
May 21
-
The 72% backing was the lowest approval rate for the resolution since 2015. An advisory firm criticized the bank's policy as too subjective.
May 21 -
Former Federal Reserve Gov. Daniel Tarullo warned that a Fed proposal to weaken the stress capital buffer, among other things, could hurt safety and soundness.
May 21 -
Seven European banks are testing Swift's Global Payments Innovation real-time cross-border payments through the continent's Target Instant Payment Settlement process.
May 21 -
The legislation faces a tougher path in the Senate where GOP leaders are reluctant to ease restrictions on what is still a banned narcotic.
May 21 -
Visa's tokenization began as a way to shield digital commerce and has developed into a major catalyst for Visa in landing partnerships.
May 21 -
The private sector will be able to provide more efficient and innovative technologies for the industry.
May 21
-
BB&T’s chief executive has not prioritized meeting with local leaders and consumer advocates to discuss its merger plans, missing a valuable opportunity to create a new kind of large bank.
May 21National Diversity Coalition -
Raisin GmbH has hired Wealthfront’s Paul Knodel to expand its internet platform for bank-savings products to the U.S. If all goes to plan, the operation will go live within 12 months.
May 21 -
First Internet will gain lenders and servicing staff, along with offices in Chicago and Indianapolis, from the deal.
May 21 -
Visa’s recent green light from U.K. regulators to complete its Earthport acquisition was more than just the clearing of a regulatory hurdle — it was a revealing look at how important it has become for the card networks to diversify.
May 21 -
Both Democrats and Republicans devoted considerable time at a House Financial Services Committee hearing last week to lamenting how the accounting standard will hurt small lenders.
May 20 -
Although higher corporate debt could hurt the economy, Federal Reserve Chair Jerome Powell argued changes made since the last crisis will guard against a meltdown.
May 20 -
Sens. Sherrod Brown, D-Ohio, and Chris Van Hollen, D-Md., called on the bank to explain a report that the private wealth management division quashed anti-money-laundering reports prepared by compliance staff.
May 20 -
Kristen Donoghue had been one of the agency's few remaining senior enforcement managers hired by former Director Richard Cordray.
May 20 -
Otoe-Missouria Federal Credit Union in Red Rock, Okla., was designated as a low-income institution.
May 20 -
Banks would be better able to comply with anti-money-laundering laws if all 50 states collected information on the owners of new corporations and published it in a national database, Comptroller Joseph Otting said Monday.
May 20





















