Policy & Regulation

Because open banking models rely on the combination of usernames and passwords to identify customers, those who don't bank online are left out. The technology exists to solve that problem.

Inflation ticked down in August, but its cumulative pressure over the past years has a lot of people struggling. Banks have a better plan than stress tests.

The Federal Reserve Office of the Inspector General issued its much-anticipated report on the ongoing renovations at the central bank's Washington, D.C., headquarters and found no criminal wrongdoing.

The federal banking agency has conditionally approved Mission Lane's request for a limited-purpose credit card bank charter.

The Federal Reserve and Federal Deposit Insurance Corp. said they have doubts about the feasibility of American Express' resolution plan, yet issued no formal deficiencies with theirs or any of the other 14 other large banks' resolution plans reviewed.

The Federal Reserve voted 6-1 to finalize its proposed stress test reforms, including seeking input on stress test scenarios and models annually and averaging results over two years.

A federal indictment names Bank of America, M&T and seven other banks and credit unions, and quotes the texts that got deposits past their fraud controls.

The Federal Reserve governor who oversees the central bank's payments operations said artificial intelligence could improve efficiency and security while also posing new risks.

An FDIC plan to help community banks evaluate potential fintech partners is valuable, as far as it goes. But it cannot account for the unique and specific risks that arise when two companies operate in partnership.

A Senate report found that 84% of 846 sanctioned Iran-linked wallets ran on USDT.