Regulation and compliance
Regulation
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Hostilities toward the legal U.S. cannabis industry are softening considerably, with signs of further removing cash and digital workarounds from a market that has long been shunned by traditional payment cards.
December 21 -
Earlier this year CUNA announced a new push to better educate consumers about credit unions. The Northwest Credit Union Association is asking its members to contribute to the effort.
December 21 -
The Fed and FDIC found fault with resolution plans filed by four of the largest foreign lenders, though none of the shortcomings were severe enough to warrant rejecting the "living wills."
December 21 -
Regulators give OK, but find “shortcomings” that need to be addressed; Labor Department says the bank is laying off U.S. workers while hiring overseas.
December 21 -
The digital ID market has massive potential, but many fundamental problems that must first be overcome. Among them: The companies best positioned to provide a viable digital ID platform are not the ones best positioned to benefit from it.
December 21 -
Readers respond to one fintech startup's tough talk, debate failed plans to change the Consumer Financial Protection Bureau's name, weigh reforms to the Community Reinvestment Act and more.
December 20 -
The expected incoming chair of the House Financial Services Committee told the former acting CFPB chief that he will still be the target of a congressional inquiry despite no longer leading the agency.
December 20 -
The Massachusetts senator and critic of Trump administration policies sent the new CFPB director an expansive list of to-do items for her first month on the job.
December 20 -
The federal banking regulators have proposed allowing more directors and management officials to serve at more than one institution in an effort to provide relief to community banks.
December 20 -
The battle between Apple Pay and the Swiss banks' payment app, TWINT, is nearing a conclusion with Apple agreeing to no longer interfere at the point of sale when a consumer is attempting to make a purchase with TWINT.
December 20 -
Detractors are suddenly hopeful that the controversial accounting standard could be delayed or altered after FSOC's longer-than-expected closed session on the issue.
December 20 -
The Office of the Comptroller of the Currency has gotten the ball rolling for financial technology firms trying to operate a national platform, but the FDIC and Federal Reserve should act to remove other policy roadblocks.
December 20 -
Financial institutions had used existing banking laws as a shield against broader privacy protections, but a California law enacted this summer could threaten that strategy.
December 20 -
Two groups are asking the agency to restrict collectors to "one live conversation per week" with a borrower and up to three phone attempts per week.
December 20 -
The industry spent a good portion of 2018 fighting ADA and overdraft lawsuits, and experts say despite some progress, next year could hold more of the same.
December 20 -
The ubiquity of plastic payment cards makes it hard to imagine a future without them, but Japan’s JCB card network already envisions it.
December 20 -
The SEC is already ramping up action in the cryptocurrency space, with stronger moves in the year ahead, and market participants should be preparing to respond, according to Aaron Kaplan, a securities lawyer and founder at Prometheum.
December 20 -
Good Money just raised $30 million and is a year away from launching, but already is raising concerns for its trash-talking of established players.
December 19 -
The payments processor was among numerous firms earlier this year to withdraw an ILC charter application over questions about its plan.
December 19 -
Federal Reserve Chairman Jerome Powell demurs on regulatory relief for largest banks while saying he is “open” to countercyclical buffer.
December 19






















