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Monday, July 16, 2018   (0 Comments - view/add)
Marijuana a contentious issue in midterm elections »
Legalization of marijuana, for either medical use or recreational use, is becoming a contentious issue in the midterm elec...
Friday, July 13, 2018   (0 Comments - view/add)
Senators: Consumers need more control over credit reports »
During a hearing to discuss credit bureaus and the Fair Credit Reporting Act, members of the Senate banking committee sugg...
Friday, July 13, 2018   (0 Comments - view/add)
Mnuchin vows to streamline anti-money-laundering rules »
Anti-money-laundering regulations under the Bank Secrecy Act need streamlining, Treasury Secretary Steven Mnuchin said in...
Friday, July 13, 2018   (0 Comments - view/add)
Small businesses favor banks' cash management tech »
Small and medium-sized businesses are increasingly adopting financial technology solutions, but the pace varies greatly by...
Friday, July 13, 2018   (0 Comments - view/add)
Average Cost of Data Breaches Increased Year-Over-Year, Study Finds »
The average cost of a data breach globally -- including a number of breach-related factors such as investigations and reco...
Friday, July 13, 2018   (0 Comments - view/add)
Bankers Call for Revisions to TRID for Single-Family Construction Loans »
In a recent letter to the Consumer Financial Protection Bureau, more than 100 bankers from across the country called on th...
Thursday, July 12, 2018   (0 Comments - view/add)
Fed finds alternative indicator of recession »
Federal Reserve economists have determined the gap between two- and 10-year US Treasurys might be a less accurate indicato...
Thursday, July 12, 2018   (0 Comments - view/add)
DOJ Launches New Task Force on Consumer Fraud »
In response to an executive order yesterday by President Trump, the U.S. Department of Justice launched a new task force o...
Wednesday, July 11, 2018   (0 Comments - view/add)
Trade Associations Urge Congress to Take Action on Flood Reauthorization »
A group of 22 trade associations yesterday wrote to congressional leaders urging them to take swift action to extend the N...
Wednesday, July 11, 2018   (0 Comments - view/add)
JPMorgan report shows corporations still reliant on paper checks »
Ninety-five percent of executives surveyed for JPMorgan Chase's Trends in Digital Business Banking report said paper check...
Wednesday, July 11, 2018   (0 Comments - view/add)
Trump Supreme Court nominee ruled against CFPB structure »
President Donald Trump has nominated Brett Kavanaugh, a judge at the US Court of Appeals for the District of Columbia Circ...
Wednesday, July 11, 2018   (0 Comments - view/add)
ARRC Issues Guiding Principles for Transitioning Contracts from Libor »
The Alternative Reference Rates Committee yesterday issued a set of guiding principles for the development of fallback lan...
Monday, July 9, 2018   (0 Comments - view/add)
Low-Volume Lenders Exempt from HMDA Reporting Requirements »
Following the passage of the Economic Growth, Regulatory Relief, and Consumer Protection Act, low-volume community bank le...
Monday, July 9, 2018   (0 Comments - view/add)
Agencies Outline Regulatory Approach to S. 2155 Policy Changes »
In addition to outlining their approach to company-run stress testing and enhanced prudential standards in light of the ne...
Monday, July 9, 2018   (0 Comments - view/add)
Regional banks want capital plan based on stress test revised »
The Federal Reserve has received a request from nine regional banks to change a proposal to base capital requirements on s...
Monday, July 9, 2018   (0 Comments - view/add)
No more stress tests for some banks »
Banks with between $50 billion and $100 billion in assets no longer have to undergo stress tests, said the Federal Reserve...
Monday, July 9, 2018   (0 Comments - view/add)
Study: Members of Generation Z use big banks, are more frugal »
Members of Generation Z, currently in their teens and early 20s, tend get bank accounts while they are young and often tur...
Monday, July 9, 2018   (0 Comments - view/add)
Business loans increase »
Business loans increased 5.5% in the second quarter compared with Q2 of 2017, according to preliminary information from th...
Monday, July 9, 2018   (0 Comments - view/add)
English resigns from CFPB »
Leandra English says she will no longer challenge Mick Mulvaney's appointment as acting director of the Consumer Financial...
Friday, July 6, 2018   (0 Comments - view/add)
Fed Proposes Adopting New Messaging Standard for Fedwire Funds Service »
The Federal Reserve is seeking public feedback on a proposal to adopt the International Organization for Standardization’s...
Friday, July 6, 2018   (0 Comments - view/add)
Agencies Issue Statements on Implementing S. 2155’s HMDA Reporting Exemptions »
The Consumer Financial Protection Bureau, FDIC and OCC yesterday each issued statements acknowledging the partial exemptio...
Thursday, July 5, 2018   (0 Comments - view/add)
Square quietly withdraws bank application »
The payments processor has pulled its submission to the FDIC to become a depository bank but says it plans to make a secon...
Thursday, July 5, 2018   (0 Comments - view/add)
Plan to make banks divulge sales goals closer to becoming L.A. law »
A first-in-the-nation ordinance, passed by the city council in the wake of the Wells Fargo scandal, would require banks th...
Thursday, July 5, 2018   (0 Comments - view/add)
Encourage Small-Dollar Bank Lending, House Republicans Tell FDIC, Fed. »
Twelve House Republicans on June 26  - including Colorado Rep. Scott Tipton -  urged the FDIC and the Federal...
Thursday, July 5, 2018   (0 Comments - view/add)
Rules on small-dollar lending under development in N.M. »
New Mexico lawmakers have asked the Regulation and Licensing Department for a report on law enforcement regarding small-do...
Thursday, July 5, 2018   (0 Comments - view/add)
Rules for banks doing business with L.A. might tighten »
Any bank doing business with Los Angeles might soon have to disclose their Community Reinvestment Act score and to detail...
Thursday, July 5, 2018   (0 Comments - view/add)
Toomey, Waters among names discussed to lead banking committees »
Rep. Maxine Waters, D-Calif., and Sen. Pat Toomey, R-Pa., are seen as contenders to lead congressional banking committees,...
Thursday, July 5, 2018   (0 Comments - view/add)
US Treasury yield curve keeps getting flatter »
Strong demand for long-dated debt has made the spread between five- and 30-year US Treasurys the flattest yield curve sinc...
Thursday, July 5, 2018   (0 Comments - view/add)
Banks regard polluters as increasingly risky »
Ethical concerns may have prompted some banks to cease lending to polluters in recent years, but financial considerations...
Thursday, July 5, 2018   (0 Comments - view/add)
Fintechs drive increase in personal loans »
Financial-technology companies originated 36% of personal loans in 2017, according to TransUnion, and they have driven the...
Tuesday, July 3, 2018   (0 Comments - view/add)
Smaller banks given until Dec. 2019 to file living wills »
Fourteen US banks have until the end of next year to file living wills with the Federal Reserve Board. The decision applie...
Tuesday, July 3, 2018   (0 Comments - view/add)
US inflation reached highest level since 2012 in May »
Commerce Department figures show the price index for personal consumption expenditures in the US rose 2% in May compared w...
Tuesday, July 3, 2018   (0 Comments - view/add)
6 biggest US banks to pay out $125B to shareholders »
The six largest US banks have passed the Federal Reserve's stress test and plan to pay out a cumulative $125 billion to sh...
Monday, July 2, 2018   (0 Comments - view/add)
Foreign banks top US ones in Fed stress test »
The Federal Reserve's Comprehensive Capital Analysis and Review has found 12 foreign banks have an average post-stress Com...
Monday, July 2, 2018   (0 Comments - view/add)
Fed, FDIC to banks: Plan for halt in interaffiliate derivatives trading »
Banks' living wills should anticipate shutdown of derivatives trading between affiliates during a crisis, according to a p...

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