Compliance

The Bancorp in Wilmington, Del., has again delayed the filing of its 2014 annual report and is also late in submitting its first-quarter results, it said in a news release Friday.

Credit union and banking trade groups sent a joint letter Friday urging members of the Senate Banking Committee to move forward on bipartisan regulatory relief legislation ahead of a markup next week.

The owner of an Ohio-based loan administrator, accused by the Consumer Financial Protection Bureau of deceptive marketing, says he is the victim of a misguided lawsuit by the agency.

All of eBay Inc.'s 15 board members will remain with the company or become new board members of PayPal when it spins off from eBay in the third quarter.

Many payments companies face challenges from complex money transmitter laws that could be simplified if a pending change in North Carolina is adopted by other states.

JPMorgan Chase has to plead guilty to an antitrust charge if it wants to resolve the Justice Department's investigation into its foreign-exchange trading activities, the company said in a regulatory filing Thursday.

State Street Corp. said it expects to face an enforcement action by the Federal Reserve and the Massachusetts Division of Banks after it failed to comply with the Bank Secrecy Act, anti-money laundering rules and U.S. economic sanctions.

The Payment Card Industry security standards council's PCI 3.0 revision, revealed in January, adds requirements that take effect at the end of June, putting unprepared merchants at risk of fines if they suffer a breach.

Vendors that specialize in Bank Secrecy Act compliance can help ease community banks' regulatory burden while strengthening their controls.

PayPal, the payments division that's separating from eBay Inc., will trade on the Nasdaq Stock Market as PYPL, its original ticker symbol before being acquired by the online marketplace in 2002.

The Obama admnistration voiced major concerns Wednesday with a Senate regulatory reform package up for a vote next week in the Banking Committee.

Federal and state regulators said that mobile telephone carriers Verizon Wireless and Sprint have agreed to settle allegations that they bilked consumers out of millions by allowing third parties to "cram" unauthorized charges onto their customers' bills.

Deutsche Bank has hired the former president of the Clearing House Association to take charge of its stress testing process.

GOP staff said the bill was intended to steer clear of provisions that would have automatically delayed or derailed the bill. But Democrats already were saying it went too far. Following is a complete guide to what’s in the bill.

It's been just over one year since the Financial Crime Enforcement Network first provided instructions to banks on how they can both accept marijuana business dollars and still comply with the law. Yet few banks have opened their doors.

CFPB and Justice are taking a renewed interest in redlining, the practice of lenders charging more for products or excluding altogether minorities within certain geographic areas — and their findings may be surprising.

As more U.S. banks issue EMV-chip credit and debit cards, consumer education remains a challenge, particularly if consumers overlook the paper inserts that come with their new cards.

A group of small banks and credit unions could not persuade a judge to block the settlement Target and MasterCard reached last month that would reimburse banks on the card network $19 million for losses related to the retailer's breach.

Opening the door for banks to offer non-branded PIN debit cards and even mobile wallets, the Debit Network Alliance is developing its own application identifier for routing transactions from EMV-chip cards.

The celebration that accompanied China's loosening card regulations is premature. It's wishful thinking that Visa and MasterCard easily be able to capture a percentage of the humongous China market.