Fed, FDIC will explore changes to Camels rating system

10/18/19

The two agencies requested comment on the scorecard regulators use to assess a bank's overall health as some question whether ratings are consistently applied.

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Huntington names Visa executive as its new chief financial officer

10/18/19

Zachary Wasserman will succeed Mac McCullough, who is retiring at the end the year.

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U.S. Bank launches bill-pay platform to support faster payments, chatbots

10/18/19

U.S. Bank wants to disrupt the way consumers pay their bills by offering billers a new platform fit for faster payment rails, new messaging formats and digital assistants.

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U.S. Bank hires real-time payments expert Peter Gordon

10/18/19

U.S. Bank has hired payments veteran Peter Gordon to fill a new post as head of emerging payments product and strategy, tapping his years of experience developing real-time payments technology.

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Don’t mess with rules curbing derivatives risk

10/18/19

A regulatory proposal to ease the initial margin buffer on certain derivatives trading could be harmful to the economy.

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'Enough of this nonsense': Comments of the week

10/17/19

Readers cast doubts on regulatory attempts to jointly revamp the Community Reinvestment Act, react to Democrats berating the CFPB head, an upcoming House hearing with Facebook's CEO and more.

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How long can banks lean on C&I?

10/17/19

Commercial lending provided a boost for some regional banks in the third quarter, but further rate cuts and a slowing economy could challenge future growth.

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Third-party glitch disrupts services of two popular challenger banks

10/17/19

The payment processor Galileo suffered what it described as an "operational incident" that caused more than 24 hours of outages at the fintechs Chime and Varo Money.

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GOP senator tells Libra Association member to stay the course

10/17/19

As some of Facebook's partners pull out of the Libra cyrptocurrency project, Sen. Mike Rounds, R-S.D., encouraged a company located in his state to remain involved.

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Another day, another Capitol Hill grilling for CFPB's Kraninger

10/17/19

In her second day of congressional testimony, Kathy Kraninger took heat from Senate Democrats for weighing in on constitutional questions about her agency and for her enforcement track record.

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