Fintech firms, banks, state regulators and consumer protection groups all expressed significant reservations about the Office of the Comptroller of the Currency's latest plan on its fintech charter initiative. ... Read full article
The trade association's lawsuit challenging new field-of-membership rules may have the opposite effect, as more credit unions consider expansion before the litigation is resolved. ... Read full article
Sen. Mike Rounds, R-S.D., told a meeting of bankers not to focus on credit unions' tax exemption in talks with lawmakers, saying the two industries should unite over regulatory reform. ... Read full article
Though it's too early to have a concrete plan regarding Fannie Mae and Freddie Mac, the administration is creating a set of principles that it hopes to release in a few months, a senior official said Tuesday. ... Read full article
Some in the industry are faulting The Clearing House Association's plan to make anti-money-laundering rules more efficient. ... Read full article
Attendees at an American Bankers Association conference believe a massive overhaul of banking regulations is unlikely. ... Read full article
Bankers' association takes the Federal Reserve to court over dividends diverted to highway fund; JPMorgan Chase CEO makes a killing buying his stock at the bottom. ... Read full article
The American Bankers Association filed a lawsuit Thursday against the Federal Reserve and the federal government in general over a provision in the 2015 transportation bill that diverted dividend payments to Fed member banks to the highway fund. ... Read full article
The American Bankers Association has added a feature to its national crime database to help banks monitor and analyze ATM skimming. ... Read full article
The banking trade group confirmed that it has run a formal bidding process to find a partner. ... Read full article
The National Credit Union Administration and credit union trade groups cheered a judge's decision to dismiss a lawsuit against the agency's member business lending rule, but ICBA is still mulling the possibility of an appeal. ... Read full article
