Politico

Top Regulator Pushes Ahead With Plan to Reshape Banking, Sparking Clash With States

Top Regulator Pushes Ahead With Plan to Reshape Banking, Sparking Clash With States

“We’ve satisfied ourselves that we don’t need a new regulation or a new statute on it,” Brooks said. A charter would give these companies the ability to operate across state borders with a single set of rules, as well as to expand the suite of financial services they offer.

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Big Banks Prepare to Battle the Fed on Faster Payments

Big Banks Prepare to Battle the Fed on Faster Payments

Big banks are preparing to go to war against the Federal Reserve, which is poised to announce that it will develop a new instant payments system to compete with the lenders own nascent version.

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Waters Calls on Facebook to Halt Digital Currency Plans

Waters Calls on Facebook to Halt Digital Currency Plans

House Financial Services Chairwoman Maxine Waters on Tuesday called on Facebook executives to testify before her committee and urged the social media giant to hold off on plans to develop a new digital currency that’s drawing increasing scrutiny from Congress.

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Securing the Future of the Digital Payments Landscape

Securing the Future of the Digital Payments Landscape

via Mastercard The European payments landscape is experiencing a profound digital transformation. Thanks to cutting-edge technologies and the growing share of electronic and mobile commerce, or e- and m-commerce, digital payments are evolving and transforming the way we shop.

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SEC Expands Cryptocurrency Crackdown With Nationwide Sweep

SEC Expands Cryptocurrency Crackdown With Nationwide Sweep

The Securities and Exchange Commission is probing investment advisers for potential misconduct involving cryptocurrencies, signaling a new direction in its oversight of the emerging market, according to three people familiar with the matter.

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