Organization Root Tag

PayPal's executives likely expected the company's $3 billion buying spree of companies like Hyperwallet and iZettle to dominate its media coverage this month. But a single careless letter has stolen the narrative.

The Treasury secretary told lawmakers that the government needs “to strike the right balance” on Bank Secrecy Act requirements while determining the best way to collect details about account holders.

Focus instead on legislation that will prevent the next economic crisis and address technological change, says Rep. Patrick McHenry, a Republican front-runner to become Financial Services Committee chairman.

While the Small Business Investment Companies program has reported disappointing results since its 2015 peak, participating funds are getting more looks from curious bankers.

Raj Date’s new firm, FS Vector, will help cryptocurrency firms and digital upstarts navigate Washington.

The makings of a true destination RIA

Credit unions remain committed to their central missions as they grow, says PenFed’s chairman.

To teach its automated advice platform how to help advisers communicate with clients, the company has sought to develop a bank of knowledge about psychology and other expertise beyond traditional wealth management.

The ride-hailing giant is the largest retailer to accept Venmo payments to date, and the move is an indication of how the platform plans to make money.

Advisors and clients would benefit acknowledging what's really driving financial decisions.

The Commodity Futures Trading Commission has approved a record $30 million whistleblower award, the result of information that helped the agency sanction JPMorgan Chase for failing to properly inform some wealthy clients about conflicts of interest behind its investment recommendations.

The Germantown, Md.-based credit union serves more than 14,000 members and holds about $130 million in assets.

The Supreme Court nominee’s views on CFPB and the Chevron doctrine are considered favorable for the industry, but some say weakening agency deference is a double-edged sword.

The acting director’s proposal to subject the agency’s rules to congressional approval provides an important and overlooked check on administrative power.

The agency, with others, will work to stop consumer fraud; manager of four Morgan Stanley L.A. offices allegedly ignored harassment allegations.

Since Amazon Go's announcement, there has been a rush to duplicate the company's cashierless store concept without the same level of tech investment. The latest competitors are focused on the cameras that identify items as consumers take them off of the shelves.

The Supreme Court nominee’s views on the CFPB and the Chevron doctrine are considered favorable for the industry, but some say weakening agency deference is a double-edged sword.

High-powered portfolio simulations, security and client communication are among the most promising possibilities, say tech leaders at Morgan Stanley, D-Wave and Clovyr.

The New York State Department of Financial Services report recommended putting online lenders on a more equal playing field with traditional firms.

Good times end eventually. And it is inevitable that some new approach to banking will cause financial institutions to fall flat in a downturn.