How banks want to reshape anti-money-laundering regime


The financial industry has been bracing for the Trump administration’s planned revisions to Dodd-Frank, but banks are taking aim at another, potentially even more consequential regulatory framework: the rules and procedures around curbing money laundering and financial support of terrorism.


CFPB looking to alternative data to help unbanked


The Consumer Financial Protection Bureau is seeking feedback on the benefits and risks of using alternative data sources, such as rent or utility payments, that would allow lenders to build a credit history for unbanked consumers.


Why some fintech firms are saying no thanks to OCC charter


Some fintech firms are flatly rejecting the Office of the Comptroller of the Currency's creation of a charter for such firms, citing fears that it will come with too many strings attached.


Bancorp, continuing cost cuts, to sell European payments line


The Delaware company is also close to completing a compliance program to address anti-money-laundering and Bank Secrecy Act issues.


JPMorgan accused of nickel-and-diming jurors on debit cards


For some people, jury duty is a dreaded American civic obligation. Now, JPMorgan Chase & Co. is adding another unwelcome element: banking fees.


FTC names new consumer protection chief


Most recently Thomas Pahl worked on debt collection and credit reporting issues as a partner at Arnall Golden Gregory in Washington.


FTC's top consumer protection official resigns


Jessica Rich, who joined the agency in 1991, is stepping down in mid-February, the FTC announced Tuesday.


Thomson Reuters makes two deals in a hot identity space


The information giant agreed to buy two data businesses from the DTCC as regulators' demands for transparency fuel calls for shared industrywide solutions.


Visa sees sharp benefits from India's cash crisis


India's sudden shakeup of its currency system last fall was an early holiday for digital payment companies, and Visa was no exception.


Investors Bancorp, Bank of Princeton call off planned merger


The deal had been delayed since Investors had been hit with a BSA-related regulatory order.