John Davies, chairman of the Association of Alternative Business Finance, argues that the UK needs more imaginative thinking from the...
U.S. banking regulators have made new proposals that would allow for banks to take stakes in venture capital and loan...
The Office of the Comptroller of the Currency (OCC), a national bank regulator, said yesterday that it encourages financial firms...
U.S. banks are struggling to comply with new regulations both here in the U.S. and in Europe; U.S. regulators are...
While the focus of the new bill that recently passed the Senate has been on banks, it could effect fintech is a big way; the bill releases restrictions on banks, especially smaller one’s, where they can better leverage technology and potentially hurt the market share of fintechs; banks were heavily restricted after the financial crisis when many of these regulations went into effect; if the bill were to be signed then fintechs would have to start ensuring they can be long term sustainable businesses. Source.
The market turmoil has sparked banks like JPMorgan Chase and Bank of America to try for further easing of certain...
The UK’s banking market has seen a number of new entrants since the financial crisis but it hasn’t been easy...
OakNorth, a successful new challenger bank in the UK, is calling on the UK Treasury to use Brexit as an...
With a backlog in the US Senate Obama’s last FDIC Chair Martin Gruenberg is still in office 5 months after...