Fintech regulations

A new female CEO at a top 50 bank and an unexpected exit at BofA

10/31/18

One of the country’s 50 largest banks hires a female CEO, making JPMorgan Chase’s Kelly Coffey only the third woman in that exclusive club. Bank of America’s Michelle Moore exits the workforce. And sexual harassment prompts a walkout at Google.

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9 things bankers fear this Halloween season

10/28/18

From Democrats winning control of Congress to an escalating trade war and technology companies applying for a fintech charter, there are plenty of scary prospects facing the industry.

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BlackRock looks south; CFPB hits ‘abusive’ payday lender

10/26/18

The money manager plans a big expansion in Atlanta; agency makes now rare determination that debt-collection practices were “abusive.”

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Banking needs a ‘Schumer box’ for data sharing

10/25/18

Policymakers have called for streamlined disclosures for customers granting third parties access to their financial account data. They don’t have to look far for a potential solution.

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State regulators refile suit to block OCC's fintech charter

10/25/18

State regulators have once again sued the OCC, arguing it lacks legal authority to offer a federal fintech banking charter.

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FDIC to launch innovation office to help banks compete with fintechs

10/23/18

“We have actually discouraged banks from innovating,” FDIC Chairman Jelena McWilliams said in announcing a move that other agencies have made.

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What U.S. banks stand to lose in shunning open banking

10/19/18

A recent study concluded there are first-mover benefits for banks that embrace open banking. But many executives see its risks instead.

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Renaud Laplanche’s redemption story is a bad omen for fintech

10/19/18

Despite being barred from the securities industry by the SEC, LendingClub’s founder has found plenty of people to back his latest venture — and that’s a problem.

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'It's reminiscent of Blockbuster investing in remodeling': Comments of the week

10/19/18

Readers react to efforts to improve bank branches, weigh the Consumer Financial Protection Bureau's decision to pull back on enforcing the Military Lending Act, consider efforts to build finetch sandboxes and more.

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Tech sprints, privacy fines, digital ID: Takeaways from RegTech confab

10/17/18

Regtech — the intersection of regulatory compliance and financial innovation — is still taking shape in the U.S with some pushing for "tech sprints" to speed the development of new tools, while some see new threats and opportunities looming in the space. Following is a look at hot-button topics at American Banker's RegTech summit.

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