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The New York Department of Financial Services will likely institute an on-ramp for new Bitcoin businesses and possibly any other kind of money transmitting startups as a way for them to launch without being burdened by costly licensing requirements.
November 3 -
Thanks to the rise of online and mobile banking, some banks now have significant customer bases in areas where they have little branch presence. The solution is to carve out a category of virtual banks that have tailored CRA responsibilities and examination standards.
November 3
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New York may grant transitional licenses to small virtual-currency firms and startups to let them grow before facing the full burden of new regulation, the state's top financial watchdog said.
November 3 -
New York may offer transitional licenses to small virtual-currency firms and startups to let them grow before facing the full burden of new regulation, the states top financial watchdog said.
November 2 -
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Lenders could face tougher enforcement and higher penalties if they make errors on the new mortgage disclosure forms that are slated to go in effect next August.
October 31 -
The Federal Deposit Insurance Corp. on Friday released its list of enforcement actions from September, including a consent order that played a role in derailing two planned acquisitions.
October 31 -
Federal Housing Finance Agency Director Mel Watt has struck a conciliatory tone, seeking lenders' input and making loan-buyback rules more industry-friendly a clear signal the administration thinks it needs bankers' help to reignite the tepid housing recovery.
October 31 -
Election Day is just around the corner, but control of the Senate may not be determined until early next year, raising questions about how quickly the Banking Committee could get up and running.
October 31 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
October 31
