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The House Financial Services Committee was scheduled to vote on legislation to modernize anti-money-laundering rules, but the latest version of the bill excludes a key provision involving the collection of beneficial ownership information.
June 18
Transparency International U.S. -
A proposal to revise parts of the Dodd-Frank Act ban on proprietary trading would make it easier for banks to conduct risky trades.
June 18
Center for American Progress -
President Trump has yet to formally name Kathy Kraninger as his choice to head the Consumer Financial Protection Bureau, but her nomination is already in trouble. That may be just fine with the White House.
June 18 -
Little-known Office for Management and Budget official Kathy Kraninger would succeed acting director Mick Mulvaney, her OMB boss; Wells Fargo still faces the big chill from several big cities and states.
June 18 -
Longtime Starbucks boss Howard Schultz was so invested in the company's mobile payments strategy that he once stepped down from his day-to-day duties to focus his full attention on the tech initiative. Without his involvement, will Starbucks lose its edge in fintech?
June 18 -
The central bank's rule-writing workload is expected to remain busy for the foreseeable future, thanks in large part to enactment of the recent regulatory relief bill.
June 17 -
President Donald Trump has chosen Kathy Kraninger, a little-known White House budget aide, as director of the Consumer Financial Protection Bureau, an administration official said.
June 16 -
The new guidelines are a prelude to a much larger effort by regulators to modernize implementation of the Community Reinvestment Act.
June 15 -
Kathy Kraninger, an obscure official at the Office of Management and Budget, is President Trump's leading candidate to become director of CFPB, according to sources.
June 15 -
Bank of America is in expansion mode and wants to add 10,000 retail and other workers who better reflect the communities it serves.
June 15 -
From a major CFPB deadline to a long-anticipated fintech report, there's a lot to watch for in the days to come.
June 15
American Banker -
As competition from the bank-powered Zelle mounts, the popular social P2P app Venmo is phasing out support for online payments in favor of its mobile app.
June 15 -
No plan will be implemented as long as Fannie Mae and Freddie Mac remain in conservatorship, but a capital framework for the companies could still have a substantive impact.
June 15 -
From a major CFPB deadline to a long-anticipated fintech report, there's a lot to watch for in the days to come.
June 15
American Banker -
Visa has moved to cut its debit transaction fees in India by 95%, bringing it more in line with RuPay, India’s state-run domestic debit scheme.
June 15 -
Wells Fargo on the receiving end of USAA's long-standing intellectual property threat; millions are mad about Erica, Bank of America's virtual assistant; relief may be in reach for bankers fed up with SARs; and more from this week's most-read stories.
June 15 -
Microsoft is the latest to try to help a big retailer jettison cashiers — and the latest to discover how hard that is.
June 15 -
The agency has provided new information about changes large and midsize banks are making in the wake of the Wells Fargo scandal, but Senate Democrats continue to press for more details.
June 15 -
The settlement is the latest development in probes by governments around the globe into banks’ manipulation of benchmark interest rates.
June 15 -
The settlement applies to customers who had accounts opened without their consent over a 15-year period beginning in May 2002.
June 15





















