Supreme Court case may gut the CFPB: Consumer watchdog’s ‘future is on the line,’ group says
The Supreme Court is set to hear oral arguments Tuesday in a case with the potential to gut the Consumer…
An HSBC-backed startup is using AI to help banks fight financial crime — and eyeing a Nasdaq IPO
WARSAW — When it comes to financial crime, banks can often be “one decision away from a huge mess,” Martin…
China hits Alibaba affiliate Ant Group with $985 million fine for violating various regulations
China’s central bank hit Alibaba affiliate Ant Group with a 7.12 billion yuan fine ($985 million) on Friday. The People’s…
Fed Chair Powell says smaller banks likely will be exempt from higher capital requirements
New rules expected to require that banks keep more capital almost certainly won’t apply to smaller institutions, Federal Reserve Chair…
Britain could see crypto-specific regulation in the next 12 months, top lawmaker says
Britain could introduce specific laws aimed at regulating the cryptocurrency industry in the next 12 months, a top lawmaker told…
