Compliance

As Huntington's chief regulatory liaison, Helga Houston deserves much of the credit for the fact that the Fed approved the FirstMerit acquisition in just 185 days.

JPMorgan Chase's top lawyer oversees a team of more than 1,900 legal professionals in 29 countries.

Paulette Mullings Bradnock is the first woman to hold the title of chief auditor at the venerable bank.

European Central Bank Vice President Vitor Constancio laughed off any concern that bitcoin might challenge his institution’s control of euro-area money.

SourceMedia's PayThink conference is an annual gathering of key decision-makers in the financial services and payments industries. This year's event, which took place in Phoenix this September, brought several key ideas to light.

It's not just big banks. Even U.S. community banks may be subject to the General Data Protection Regulation given the boundlessness of digital commerce.

The Upstart Network's CEO, Dave Girouard, explains how the online lender worked with a normally aggressive federal regulator to balance the needs for innovation and consumer protection.

In the wake of the massive data breach at Equifax, some are calling for tokenization of all data that has the potential to be stolen by fraudsters.

The U.K.’s Payment Systems Regulator and the Bank of England have officially formed the New Payments Systems Operator (NPSO), a regulatory body that will soon replace three existing payment systems.

The recent events of Charlottesville, Va., have exposed the dark underbelly of hate groups and their media channels, and raised fresh questions about how they get funding.

New York’s banking regulator ordered Habib Bank Ltd. to pay $225 million and surrender its license to operate in the state, effectively removing Pakistan’s largest lender from the U.S. financial system.

Payments startup UTRUST is calling its first step in building a bitcoin and cryptocurrency payments platform with consumer protections a huge success, despite events working against its industry in China.

With a blanket ban on initial coin offerings, China has sidestepped an issue plaguing regulators worldwide: are such tokens securities?

The 3-year-old order was related to Discover Bank’s programs for combating money laundering. A related agreement with the Federal Reserve Bank of Chicago remains in effect.

Federal Reserve Gov. Jerome Powell defended a proposal aimed at streamlining information presented to bank boards of directors.

New European standards require greater data sharing to accommodate faster transaction processing, mobile payments and other digital efforts — a trend that is also inspiring new collaborations across the pond.

Powell downplayed fears about subprime auto lending, saying he aims to improve Santander Consumer's compliance culture, beef up customer services and expand its relationship with Chrysler Capital.

The credit card issuer paid $95 million to settle charges it offered inferior terms to customers in American territories; Mitsubishi UFJ wants to become a top 10 U.S. bank.

Compliance experts and CU execs outline changes they still hope the Consumer Financial Protection Bureau will make, even as the rule's implementation date approaches.

A federal regulator has agreed to review an advisory prohibiting Canadian credit unions from using the words "bank" or "banking" in their marketing, but some say it will take more than that before CUs can truly compete with banks there.