Regulation

RuPay debit cardholders in India can now use their cards to make online purchases, using Acculynk's PaySecure online PIN pad authentication.

Sen. Elizabeth Warren is turning up the heat on the Federal Home Loan Banks for offering cheap financing to private student loan provider Sallie Mae.

The Department of Justice faces a serious challenge to its aggressive pursuit of fair lending cases following a Supreme Court decision to hear a case involving the controversial theory of "disparate impact." American Banker editors discuss the implications of the high-profile case for banks and the rest of the mortgage industry.

A Nebraska woman filed a lawsuit seeking class-action status against collection agency General Collection and law firm Truell Murray & Associates, both based in Grand Island, Neb.

Total System Services expects to complete its $1.4 billion acquisition of NetSpend on July 1, according to a regulatory filing with the Securities and Exchange Commission.

The Supreme Court said Monday it would hear the case that calls into question several recess appointments President Obama made last year, including one that made Richard Cordray the director of the Consumer Financial Protection Bureau.

The Office of the Comptroller of the Currency has taken action against a Missouri bank and freed four others from regulatory actions.

More equity would enable banks to absorb more losses without becoming distressed or needing taxpayer support. Long-term debt is a poor substitute, particularly for the largest banks.

Regulators have been intensely negotiating revising a leverage ratio under the Basel III capital rules, prompting speculation about what approach policymakers will take — and just how high they may go.

A former bank executive in Georgia has pleaded guilty to charges of defrauding a bank that had received funds from the Troubled Asset Relief Program.