CFPB to cut financial firm supervision, shift focus Off fintechs
America’s top consumer financial watchdog has spelled out its priorities under the Donald Trump era, including a dramatic cut to...
Trump fires NCUA board members, tightening grip on agencies
President Donald Trump ousted two Democratic members of the National Credit Union Administration Board, adding to a spate of recent...
JPMorgan, BNY limit information sharing with OCC after hack
Some of America’s biggest banks are limiting the sharing of information with the Office of the Comptroller of the Currency...
Stripe’s banking push comes as fintechs dive deeper into finance
Some fintechs have a new strategy for navigating the risks and limitations associated with their partnerships with banks: Become a...
US bank regulator didn’t have safeguard on hacked email account
The U.S. Office of the Comptroller of the Currency didn’t have a basic protection enabled on an email account hackers...
Jack Dorsey’s Block to pay New York $40M in Cash App settlement
Block Inc., the digital payments firm founded by billionaire Jack Dorsey, was fined $40 million by New York for alleged...
Trump pauses higher duties on most nations, hikes China rate
President Donald Trump said he would pause higher reciprocal tariffs for 90 days on dozens of trade partners, while raising...
Hackers spied on 100 US bank regulators’ emails for over a year
Hackers intercepted about 100 bank regulators’ emails for more than a year, gaining access to messages containing agency deliberations and...
Capital One-Discover deal waved ahead by antitrust officials
The proposed $35 billion merger between Capital One Financial Corp. and Discover Financial Services cleared a major regulatory hurdle as...
Fintech Plaid raises $575M in funding round, eyes IPO
Plaid Inc., the financial-technology company poised for an initial public offering, raised $575 million in a funding round from longtime...
