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The biggest surprise for many who awaited the Consumer Financial Protection Bureaus final rule for prepaid cards was discovering that its reach extends to some of the payments industrys highest-profile tech firms, such as PayPal Inc.s Venmo, Square Inc.s Square Cash and Dwolla.
October 5 -
Popular Inc. in San Juan, Puerto Rico, will take a $55 million hit to third-quarter earnings after its bank lost an arbitration battle with the Federal Deposit Insurance Corp.
October 5 -
It's time not only to hold banks accountable for their security, but also to provide meaningful regulatory guidance on how to achieve security.
October 5
Invincea Inc. -
For regulators to develop a unified framework for fintech companies to operate in, they first have to come to a consensus.
October 5 -
The Consumer Financial Protection Bureau's final rule on prepaid cards will improve fraud protection and provide greater transparency of costs for such products, but is already drawing fire from both consumer advocates and bankers over how it treats overdraft fees.
October 5 -
The Consumer Financial Protection Bureau's final rule on prepaid cards will improve fraud protection and provide greater transparency of costs for such products, but is already drawing fire from both consumer advocates and bankers over how it treats overdraft fees.
October 4 -
The Federal Trade Commission took a victory lap Tuesday in its fight with race car driver Scott Tucker and his payday lending operation.
October 4 -
Wells Fargo Chief Executive John Stumpf may get a third grilling by lawmakers over the fake-accounts scandal that continues to embroil the San Francisco bank.
October 4 -
WASHINGTON Bank trading revenue in the second quarter rose by more than 25% from a year earlier to $6.9 billion on rising combined interest rate and foreign exchange revenue, according a report issued by the Officer of the Comptroller of the Currency on Tuesday.
October 4 -
WASHINGTON Parts of the revised resolution plans of the eight largest U.S. banks were released Tuesday, according to the Federal Reserve and Federal Deposit Insurance Corp.
October 4


