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Officials from the Federal Reserve Bank of New York, Bangladesh Bank and payments network Swift vowed Tuesday to catch the thieves who took $81 million out of the Bangladesh central bank's account at the New York Fed.
May 10 -
Industry representatives swiftly rejected the Treasury Department's assertion that new legislation is needed to protect small-business owners.
May 10 -
If alternative small-business lenders don't get engaged in the regulatory dialogue, they risk letting a few bad apples determine their fate.
May 10
Financial Services Innovation Coalition -
Daniel Schrider, chief executive of Sandy Spring Bancorp in Olney, Md., discusses a controversial change to loan-loss accounting rules known as the Current Expected Credit Loss standard, or CECL and why it will be a burden for community banks.
May 10 -
The Treasury Department on Tuesday capped off a nearly yearlong inquiry into the burgeoning marketplace lending industry with a policy paper that recommends increased transparency and customer protections while also highlighting the sector's potential for expanding credit access.
May 10 -
It is imperative for regulators and lawmakers to approach the online small business loan market with care and an understanding of how these lenders expand access to credit.
May 10
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State officials in California have asked top online lending firms a series of probing questions regarding their compliance with laws and regulations dealing with referral fees, bank partnerships, fair lending and other sensitive issues.
May 9 -
Hillary Clinton's campaign went on the offensive Monday against presumptive Republican nominee Donald Trump's financial policy positions, arguing he would put the system at risk if elected president.
May 9 -
The Consumer Mortgage Coalition is arguing that the bill has serious flaws by allowing private insurers to undercut pricing on federal flood insurance policies by offering high deductibles and exclusions to homeowners with mortgages guaranteed by the government-sponsored enterprises.
May 9 -
Fed up with the hassles of applying for a multitude of state licenses and relying on bank partners, fintech firms are increasingly interested in applying for a national bank charter and federal regulators are considering ways to accommodate them.
May 9




