Regulation

Depending on the outcome of the election, the fight over two conflicting state ballot initiatives could provide a road map for the embattled payday lending industry or consumer activists seeking bans in other states.

Since the government-sponsored enterprises began experimenting with both front-end and back-end deals in which part of the credit risk is shared with third parties, investors have been watching carefully.

Revelations from the last several weeks once again underscore the need for effective reputational risk management.

The spotlight on unethical sales practices at banks has likely led customers to consider abandoning their financial institution, yet too many factors stand in the way of making a switch.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

Comptroller of the Currency Thomas Curry soundly rejected Thursday the possibility of creating a "safe space" for fintech firms to operate outside of consumer protection rules while they develop and test new products.

The Federal Deposit Insurance Corp. has received five deposit insurance applications so far this year – an indication that the agency's open-for-business message is being heard by the industry.

Employee termination notices sent by Wells Fargo to the Financial Industry Regulatory Authority raise new questions about the bank's knowledge of fraudulent account openings and indicate it may have taken retaliatory measures against potential whistleblowers, three Democratic senators alleged Thursday.

No matter the outcome of the divisive 2016 election, the many regulations still in the pipeline from banking regulators are not going to come to a screeching halt when the next president takes the helm in January.

The agency released a plan last week that would stipulate that newly constructed homes financed by the Federal Housing Administration would have to be elevated two feet above the 100-year-based flood level.