Compliance

Crooks are getting more clever when hacking e-commerce sites to hide illegal activity, requiring banks and processors to developer a broader picture of merchants and payment activity.

Mobile payment initiatives have largely failed because they focus on changing transactions instead of changing the way consumers and merchants engage with each other, according to Carta Worldwide, which touts new tokens as a way to reverse that.

Federal banking regulators are dismissing claims that they are pressuring banks to cut ties with payday lenders, arguing that the lenders' recent request for a court order against the agencies rests on erroneous speculation and bad legal arguments.

The new chairman of Republic First was famously ousted from Commerce Bancorp because of conflict-of-interest concerns years ago. His new bank uses some Hill-related companies for marketing and other services but says that it has structured the relationship in a way that passes muster with regulators.

Already defending itself against a suit challenging its member business lending rule, the credit union regulator now must grapple with a challenge to field of membership regulations. Some observers suggest the scope of the legal is unprecedented.

When BankMobile, the brainchild of Jay Sidhu and his daughter Luvleen, relaunches on a new platform in January, security — especially for the onboarding process — will be completely redesigned.

WASHINGTON — The political independence of the Consumer Financial Protection Bureau may end not with a bang — after a protracted battle in Congress — but with a whimper, the victim of a bureaucratic rule that prevents the agency from appealing a pending court case to the Supreme Court.

Legacy systems will be pressured in the year ahead to keep ahead of e-commerce, international regulations and other emerging risks.

Customers Bancorp of Wyomissing, Pa., has entered into a cease-and-desist order with the Federal Reserve related to the student disbursements business it bought from Higher One Holdings. It also agreed to pay a civil penalty of $960,000.

Rising interest rates are a near certainty, analysts say, but plenty of unknowns remain, including how populist movements in Europe might impact the global economic picture.