News Topic: Fintech regulations

Readers debate the odds of legislative reform to Fannie Mae and Freddie Mac, consider the growing problem of "friendly fraud," weigh ways to avoid reputation problems and more. ... Read full article

The Swiss bank’s CEO calls the trading environment “one of the worst in recent history”; 10,000 of German bank's U.S. employees fret over their future. ... Read full article

As competitive pressures mount for midsize banks, more institutions are likely to follow the lead of BB&T-SunTrust and amass more resources for investing in AI, digital platforms and other cutting-edge technologies. ... Read full article

As the fintech industry grows, these companies should face the same tough standards as banks and credit unions. ... Read full article

Digital-asset companies will try to develop a less adversarial relationship with the state's securities regulator, who stopped several startups from selling digital currencies as investments. ... Read full article

Crypto exchanges are adopting anti-fraud surveillance tools as they attempt to root out pump-and-dump schemes, insider trading and bogus orders. ... Read full article

Aspiration, Wealthfront and SoFi have all begun offering high-yield savings accounts during the past few weeks. ... Read full article

The agency wants to increase the maximum SBA Express loan to $1 million from $350,000 to pump up volume. ... Read full article

The former deputy director of the Consumer Financial Protection Bureau shares his thoughts on the bureau's evolution, payday lending, and fintech regulation. ... Read full article

Critics of the merger need to recognize the competitive threat banks face from big tech and other innovators. ... Read full article

More than three dozen organizations are asking the FDIC to reject Square’s pending application to become an industrial loan company, according to a letter filed Tuesday. ... Read full article

The Small Business Administration should consider partnering with fintechs, which have the capacity to approve loans quickly, to help avoid the kind of application backlog the agency faced after the last government shutdown. ... Read full article

A group of state regulators has signed off on 14 recommendations, developed by the fintech industry, aimed at streamlining multistate licensing and supervision. ... Read full article

The vast majority of comment letters to the FDIC support the fintech’s banking venture, in stark contrast to the public outcry over the pre-crisis ILC bids by large retailers. ... Read full article

The bureau wants to further remove the threat of legal liability for firms that test products benefiting consumers, but the attorneys general say the agency cannot provide immunity from state law. ... Read full article

Lawmakers should step in to address the proper status of loans made by banks that have partnered with fintechs, rather than letting the courts decide. ... Read full article

Undercover cops arrested a Miami Beach man for trying to sell bitcoin for dollars. Carlton Fields attorney Matthew Kohen explains what the case means to banks. ... Read full article

Wide coverage of the mega-deal between BB&T and SunTrust; GSE reform, CFPB underwriting rule are on collision course; Swift showing more swagger in its rivalry with Ripple; and more from this week's most-read stories. ... Read full article