Fintech regulations

Supreme Court battle, presidential race loom over CFPB in 2020

12/23/19

The Consumer Financial Protection Bureau faces a busy policy agenda heading into the new year, as well as strong external forces that are beyond its control.

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OCC files appeal in fintech charter case

12/19/19

In October, U.S. District Judge Victor Marrero ruled against the OCC in a case brought by the New York State Department of Financial Services.

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Where have all the CFPB fair-lending cases gone?

12/16/19

Despite assurances by Director Kathy Kraninger that the agency is cracking down on discrimination, the agency has not filed an enforcement action or sent a Department of Justice referral on a fair-lending violation in two years.

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When open banking and data privacy collide

12/11/19

Banks are increasingly sharing data and must brace for new regulations protecting that data.

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Is Congress spoiling for another fight over ILCs?

12/10/19

The Rakuten application has piqued interest in reviving legislation aimed at stopping commercial firms from owning banks. Yet Congress previously had the chance to enact such a measure and declined.

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One challenger’s goal: Banking that digs deeper into small-business operations

12/10/19

The startup Rho argues that small firms still have unmet needs, especially tracking cash flow in real time.

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Fighting terrorism while helping immigrants a tricky balancing act

12/10/19

The leader of a new Compliance and Payments Task Force dives into how it will address emerging issues of counterterrorism financing in the digital age.

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Big tech banking plans may pose risk to financial stability: FSB

12/09/19

The international regulatory group said that despite some benefits from tech firms' incursion, the companies' efforts may present operational and disruption risks.

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Libra: The opening act of a modern regulatory drama

12/09/19

Facebook’s stablecoin initiative has inspired countless ideas about how to put fintech under the control of federal regulators. Here are the most critical questions.

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Warren, Brown object to CFPB plan to issue formal advisory opinions

12/06/19

The two Democratic senators said the bureau's policy could allow companies to circumvent consumer finance laws.

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