Policy & Regulation

Several important bills, including one protecting information banks share with the CFPB and another nixing the requirement that banks have a physical sign disclosing ATM fees, could be poised for passage in the Senate during the lame duck session. But the fate of others, including an extension of TAG, is less clear.

The money in TAG accounts is the hottest of the hot. If interest rates rise, these funds will disappear, hurting liquidity and capital for the banks that use the program.

Adyen is launching a portable card reader that accepts both mag-stripe and EMV chip-card payments — the latter a feature that’s still rare in the U.S. even at hard-wired point of sale terminals.

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Ameris Bancorp (ABCB) in Moultrie, Ga., will redeem preferred shares it had issued to the Treasury Department as part of the Trouble Asset Relief Program.

Rep. Jeb Hensarling is criticizing a provision in a House-approved immigration bill that would extend higher guarantee fees at the government-sponsored enterprises.

The mood at a consumer finance conference Friday was one of anxiety about the pace of the housing recovery, the onslaught of new rules and the federal government's long-term role in housing finance.

President Obama formally approves confirmations of Martin Gruenberg to run the FDIC and for Thomas Hoenig to be the vice chairman.

Policymakers appear unwilling to take on the future of Fannie Mae and Freddie Mac as they face other issues and the housing market begins to recover.

A bill to merge the Securities and Exchange Commission and the Commodity Futures Trading Commission has been introduced by Reps. Barney Frank and Mike Capuano.