Compliance

The once-booming market for reloadable prepaid cards has seen a slowdown in new-account growth in recent years amid heavier competition and consolidation, causing longtime providers to look for ways to stand out in a crowded field.

Following the regulatory orders against Wells Fargo and the resignation of its CEO, stockholders are likely to ask whether the board has responsibility and even liability for the bank's compliance failures.

Refusing to let innovators experiment in a permissive environment keeps regulators in the dark, and ultimately, prevents progress in financial services.

Sen. Elizabeth Warren, D-Mass., delivered a blunt message to fellow Democrats on Monday, warning them not to support efforts to restructure the Consumer Financial Protection Bureau.

As online fraud becomes more pervasive, merchants need to strengthen their defenses against would-be cyber thieves.

Sen. Elizabeth Warren delivered a blunt message to fellow Democrats not to make any deals when it comes to restructuring the Consumer Financial Protection Bureau. But whether the progressive Democrat can hold the line with her colleagues or stave off Republican attempts to rejigger the agency using filibuster reform remains to be seen.

The Clearing House, which is co-owned by the nation’s largest banks, has asked the Justice Department to conduct an antitrust review of its next-generation payments network. A thumbs-up from antitrust officials could prove useful in convincing smaller banks to join the effort.

Digital payments security provider V-Key will protect the cloud-based payments network of Ant Financial Services Group (Alipay) with its virtual secure element software.

Region V has the most combined assets of any region nationwide, with higher loan growth than the national average.

Metsger's remarks came during a recent panel discussion that dealt with exams, corporate assessments and refunds, the future of CFPB rulemaking and more.