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Fed Chairman Concerned Over Shrinking Bank Market

PYMNTS

The average merger review time at the Office of the Comptroller of the Currency (OCC) declined between 2016 and 2018, too, reports in The Wall Street Journal said. Reports said Powell noted that looser community bank regulations may help keep branches open. months in the first half of 2018, from 5.6 months in the first half of 2017.

Marketing 108
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Pokemon The Surprise Retail Sizzle Of The Summer?

PYMNTS

That best day – Prime Day 2016 and you all know the stats. But when it comes to a tactic that plays rope-a-dope with the facts about something, say as serious as whether or not China hacked into the FDIC, then it is not at all cool. Top as in the very top: the FDIC chairman, his chief of staff, and the General Counsel.

Retail 100
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Seven Big Threats Facing Seven Big Tech And Payments Players This Halloween

PYMNTS

Facebook leadership underestimated the role that platform governance plays in keeping platforms alive and thriving – and it may be too little, much too late to turn things around. And that is a bank – one with FDIC insurance and safeguards that keep their money safe. The scariest thing for Facebook is the people who use it.

Payments 196
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The Skinny on Trump’s Regulatory Reset

FICO

In my 2017 regulatory predictions post last month, I concluded by saying that the new year would be very different for the financial services industry than 2016. In the first two weeks of the new administration, President Trump took several steps aimed at slowing down as well as scaling back current and future regulations.

FDIC 40
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2017 Banking Regulatory Predictions—Brace for a Sea Change

FICO

This meant a continued focus on implementation of recently adopted rules, while bracing for a wave of new regulations from the federal banking agencies. The Trump administration, bolstered by the reelection of a Republican majority in both houses of Congress, has fostered a new environment that is expected to promote de-regulation.