PYMNTS
OCTOBER 10, 2019
Esther George of the Kansas City Fed and Eric Rosengren of the Boston Fed voted to “keep the target range unchanged,” the news outlet said. Americans are now paying the highest level ever on credit card interest rates — and that could have a negative impact on consumer spending and U.S. growth in general.
Gonzobanker
FEBRUARY 1, 2023
An Expanding Regulatory Perimeter With the collapse of crypto and FTX serving as this generation’s Enron, discussions abounded that the reach of traditional regulators will expand into the fintech, shadow banking, and decentralized finance worlds.
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PYMNTS
FEBRUARY 5, 2019
Regulators can ban payday loans – but no one can ban cars that break down, heating systems that drop dead in the middle of the winter, medical crises or any of the myriad unexpected financial events that send consumers running to the embrace of short-term lenders. But now, they are ready to think about expanding.
PYMNTS
OCTOBER 8, 2019
In 2017, an Arizona Diamondbacks coach was fined for violating Major League Baseball’s on-field regulations because he wore an Apple Watch in the dugout. In 2015, a similar incident occurred with Kansas City Royals Manager Ned Yost.”. The program was announced at Apple’s big conference, WWDC, in 2018, then introduced in October.
Independent Banker
NOVEMBER 13, 2014
Earlier this year, federal regulators warned financial institutions against criminal attacks on their ATM systems. Doing so, they withdraw as much money as they can using either ATM cards issued for fraudulent “mule” accounts they create, or by encoding stolen credentials of legitimate bank accounts onto magnetic stripe cards.
CFPB Monitor
MAY 23, 2016
The Spring 2016 agenda also does not reflect the CFPB’s announcement that it will hold a field hearing on small dollar lending in Kansas City, Missouri on June 2, 2016. Payday and deposit advance loans. Prepaid financial products. The Spring 2016 agenda estimates the issuance of a final rule in July 2016.
Gonzobanker
DECEMBER 20, 2018
PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. Robinhood backtracked after the initial announcement, but only so it can work with regulators and refine its pitch. the team convinced me to buy.”.
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