Regulation

A court ruling that debit card fee caps be lowered could also enable merchants to play card networks against one another.

The Federal Reserve Board has unanimously approved acquisitions by Hana Financial Group in Seoul, Korea, and Live Oak Bancshares in Wilmington, N.C.

Most policymakers agree that Fannie Mae and Freddie Mac should be unwound and replaced with a system more dependent on the private market, but cleaning up the failed government-sponsored enterprises will be a challenge unlike anything attempted before.

A response to Bill Isaac's Aug. 13 post, "Why Payday Loans are Good for Millions of People."

JPMorgan Chase (JPM) expects to be fined by authorities in the U.S. and U.K. over last year's $6.2 billion trading loss, which led to criminal charges against two former employees, said a person familiar with the matter.

Athene Holdings has agreed to increase the protections it offers annuity customers in order to secure a New York regulator's approval of its planned acquisition of the British insurer Aviva.

Benjamin Lawsky, who runs the New York Department of Financial Services, has become a top industry cop, taking on money launderers, payday lenders and even Bitcoin. In an interview, he discusses the need to break new ground while playing nice with federal regulators.

Mobile payments provider Square Inc. faces fines of $507,000 from Florida regulators for operating in the state without a money transmitter license.

Florida regulators have fined the payments startup Square $507,000 for operating in the state without a money transmitter license.

The Summers vs. Yellen scrum is a fascinating nomination contest, and not just for the obvious reasons.