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Ripple, which lining up partnerships with banks, is likely to help change the perception of crypto, expand its own value and co-lead the shift in the way the world uses, manages, accesses, stores and exchanges money, writes Nigel Green, founder and CEO of deVere Group.
April 18
deVere Group -
Representatives from the law firm of Messick, Lauer & Smith took part in a compliance panel during the National Association of Credit Union Service Organizations' annual conference in Anaheim, Calif.
April 17 -
New York Attorney General Eric Schneiderman asked 13 cryptocurrency exchanges for detailed information about their operations as part of a "fact-finding inquiry."
April 17 -
The Wall Street giant's acquisition of the app maker Clarity Money is only one part of a long-term strategy to build a digital retail bank from the ground up.
April 17 -
The divide highlights a lingering question about how much commercial and retail depositors value cutting-edge technology over price — and whether midsize banks can keep pace with bigger rivals when it comes to tech investments.
April 17 -
As the Senate closes in on overturning the Consumer Financial Protection Bureau's 2013 indirect auto loan rule, a central question is how lasting the congressional measure will be in limiting the CFPB's authority.
April 17 -
While the West Coast still reigns as the epicenter of technology development, the Detroit area has quietly emerged as a proving ground for digital mortgage innovations.
April 17 -
The rules to comply with the Community Reinvestment Act have become "formulaic and ossified" and must be changed to encourage lending practices the law originally intended to foster, the Fed's top regulator said.
April 17 -
Despite a shaky start to 2018, several experts in marijuana banking insist that there are opportunities available for credit unions that want to get involved in a potentially lucrative market.
April 17 -
Sen. Elizabeth Warren is struggling to get data that shows how bad sexual harassment might be on Wall Street.
April 17 -
Lawmakers should not toss out an agency rule aimed at curbing auto dealer markups that adversely impact borrowers of color.
April 17
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Profits soared at the Dallas bank as recent interest rate hikes and ongoing expense cuts outweighed weakness in the company’s loan book and in its fee income.
April 17 -
Fed vice chair wants to put stress test scenarios out for comment by banks; C&Is outstanding at record level in March.
April 17 -
Mobile scan-and-go technology can redefine the in-store model for retailers by delivering the "just walk out" experience popularized by Amazon Go (and increasingly demanded by consumers) in a way that is viable, scalable and profitable, according to Julian Wallis, retail director at Rambus.
April 17
Rambus -
The Federal Reserve is considering allowing banks a chance to comment on stress tests before they take them and dropping any qualitative review for the largest banks’ performance, according to Randal Quarles, the central bank’s vice chairman for banking supervision.
April 16 -
The Office of the Comptroller of the Currency has been leading the charge on revamping the Community Reinvestment Act, but a big unknown is whether the other two regulators charged with carrying out the law are committed to moving ahead as swiftly on a reform plan.
April 16 -
Sixty-four consumer groups are speaking out against a Senate measure, expected to be voted on this week, that would overturn the Consumer Financial Protection Bureau's 2013 regulation on discriminatory pricing by auto lenders.
April 16 -
Two years ago, Marriott split its customers between two card issuers following its acquisition of Starwood Hotels. Rather than choose one over the other, the chain has challenged Amex to draw a clear line between its cobrand card and that issued by Chase.
April 16 -
Barclays has been gauging clients' interest in the British bank starting a cryptocurrency trading desk, potentially joining Goldman Sachs in pioneering a new business on Wall Street, according to people with knowledge of the matter.
April 16 -
Regulators are working to reform the rule regardless of whether a House provision streamlining authority for it is approved.
April 16
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