Policy & Regulation

Tim Pawlenty, the CEO of the Financial Services Roundtable, says the Consumer Financial Protection Bureau has been forging a "constructive" relationship with the banking industry, especially as it dealt with qualified mortgage and remittance rules.

Know-your-customer, an essential precaution, must be coupled with know-your-employees. A host of instances highlight the involvement of employees in fraudulent transactions – in most cases in league with customers.

The timing couldn’t be better for the new advisory board of the Payment Card Industry Security Standards Council to include several European voices.

Crypto Street, a startup that’s building a platform for trading digital currencies like Bitcoin, is making a point of forging relationships with multiple banks after similar businesses suddenly lost their bank accounts and folded or scaled back.

Last month Richard Cordray argued that payday lenders charge exorbitant fees and often trap consumers in a cycle of debt.

The CFPB's revised final rule on remittances made it easier on bankers, but it will still have a significant — though unclear — impact on international money transfers.

The House passed a controversial bill on Friday requiring the Securities and Exchange Commission to conduct additional economic analysis on its rules.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

Washington Post blog tries giving clarity around who used the analogy in a point about Japanese monetary policy. It was likely not Federal Reserve Board Chairman Ben Bernanke.

Rep. Mel Watt drew a lot of attention Wednesday when he questioned Attorney General Eric Holder at a House Judiciary Committee hearing with his grandson Nico in his lap.