News Topic:

BBVA, BNP Paribas and MUFG recently used BBVA's blockchain to reach an agreement within 24 hours — instead of two weeks — to lend a Spanish power company $150 million. ... Read full article

SSNs are used to verify identity across the financial services industry, but use of the numbers is outdated and leaves consumers vulnerable to data breaches. ... Read full article

Regulators typically write rules before applying them. But the CFPB is attempting the reverse. ... Read full article

The industry saw some well-known executives step down from their roles or take on new ones during the past month. ... Read full article

A Colorado business owner and the second-largest U.S. bank are set to go to court this month over his intellectual property claim that he owns the service mark for an online virtual assistant named Erica. That is the same name the bank uses for its digital ... Read full article

Democrat Maxine Waters, in line to take over the House Financial Services Committee, told colleagues she would undertake a deep dive into President Donald Trump's "money trail," beginning with ties to Deutsche Bank. ... Read full article

Mexico's next president wants to prohibit banks from charging ATM and other fees. That could be bad news for Citigroup and other banks with large retail networks in the country. ... Read full article

A new group aims to foster collaboration between fintechs and state and federal officials in the fight against crime — without hindering legitimate business innovation. ... Read full article

What the Democrats' House takeover means for banks; Synchrony has a lot to lose in fight with Walmart; should industry fear Waters-led banking panel?; and more from this week's most-read stories. ... Read full article

The central bank's top regulator said public comments about the new tool, used to gauge capital strength during stress tests, will likely result in changes before it is adopted. ... Read full article

Entrepreneurship among veterans has been declining over the past 20 years, according to a report by the SBA and the New York Fed. ... Read full article

The Financial Accounting Standards Board is considering a plan to have banks break out charge-offs and recoveries on a year-by-year basis. Bankers fear new systems would be needed to comply. ... Read full article

As the FDIC considers reforms to its brokered deposit rules, the agency should recall the problems these funds caused in the lead up to the S&L crisis, argues former Chairman William Isaac. ... Read full article

The revised blueprint by Moelis & Co. LLC incorporates a pending regulatory capital plan for the mortgage giants. ... Read full article

The former Goldman CEO is said to be the unnamed executive at a meeting with Asian financier; the bank faces multibillion-dollar penalties in two countries. ... Read full article

Readers sound off on the 2018 midterm election results, OCC's Otting defending his agency's right to charter fintechs, and predictions the plastic credit card is nearly dead. ... Read full article

Examiners could have done more to minimize the brunt to the Deposit Insurance Fund from Washington Federal Bank for Savings, which hid fraudulent loans and will cost the fund more than $80 million, according to a report from the Treasury’s inspector ... Read full article

There was speculation the North Carolina congressman wanted a higher Republican leadership role, but on Thursday he expressed interest in the ranking member position. ... Read full article