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The House passed two financial services bills on Monday that would retain a public company's choice of external auditors and require the Financial Stability Oversight Council to study the impact of derivatives provisions under the Basel III capital standards.
July 9 -
Regulators ordered Texas-based Expert Global Solutions, the world's largest debt collection firm, on Tuesday to pay a $3.2 million fine for allegedly making illegal collections calls and not verifying debt in dispute.
July 9 -
Big banks are taking steps to defend themselves against cyberattacks, but regulators and policymakers want to see more progress.
July 9 -
The FDIC unveiled a plan Tuesday that would raise the leverage ratio for bank holding companies deemed globally systemically important to 5% while their insured subsidiaries would face a 6% leverage ratio.
July 9 -
We need to encourage private lenders to return to the market. Until that occurs, the FHA will need to fill the gap.
July 9
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Regulators have yet to finish cracking down on JPMorgan Chase's (JPM) credit card collection operations, but the bank already appears to be paying a hefty price.
July 9 -
One Hour Translation, which touts its expertise at translating documents from over 70 languages, is no expert at translating payments across different currencies. For that, it needed help from BlueSnap.
July 9 -
"Bitcoin." Just mentioning the digital currency brings about either a passionate discussion by enthusiasts or vehement criticism that near-anonymous payments are for criminals. In the following interview, serial tech entrepreneur Andreas Antonopoulos talks about the digital currency's rise to fame and the consequences of its popularity.
July 9 -
JPMorgan Chase's decision to freeze much of its credit card debt collection operations ahead of regulatory actions appears to have cost it hundreds of millions of dollars.
July 8 -
The Federal Deposit Insurance Corp. on Tuesday could leave the door open to making further changes to a batch of capital rules for U.S. institutions.
July 8






