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A proposal to revise how the agency calculates the restrictions for less than well-capitalized banks relies on faulty methodology and ignores competition from fintechs and credit unions, according to the industry.
November 7 -
The CFPB, OCC and FDIC are signaling a renewed focus on the sector after regulation of it fell more to the states in recent years.
November 5 -
A group affiliated with Interactive Brokers Group has filed an application with the FDIC to form Interactive Bank.
November 5 -
The proposed Verdigris Bank would rely heavily on technology, applicants say.
November 4 -
Regulators globally are using "tech sprints" to test new anti-money-laundering solutions. More can be done, but it's a good start.
November 4Alliance for Innovative Regulation -
Senate leaders say they're ready to consider appointees to fill vacancies at the two regulatory agencies, if only the White House would send over their names.
November 3 -
The FDIC sold the operations of City National Bank of New Jersey, a minority depository institution, to Industrial Bank in Washington, D.C., in the year's fourth bank closing.
November 1 -
It's time to establish a fintech commission.
November 1 -
The credit they received in the third quarter is helping to soften the blow from falling net interest margins and weakening loan demand.
October 30 -
Regulators globally are using "tech sprints" to test new anti-money-laundering solutions. More can be done, but it's a good start.
October 28Alliance for Innovative Regulation