Capitol Hill Examines Rulemaking as Nonbanks Gain Ground
A Capitol Hill hearing Tuesday (Dec. 2nd) on prudential oversight made clear one problem looms over bank regulation: rulebooks designed for a different era.
Lawmakers from the House Financi...
AI Reshapes Personal Care as Unilever Scales Adoption
Artificial intelligence (AI) is reshaping how global consumer goods companies design products, manage factories and run campaigns, prompting established manufacturers to rebuild core operations around...
Propel Holdings Gets OK to Launch Banking Services
FinTech Propel Holdings received regulatory permission to launch its own bank.
The approval came from the Office of the Commissioner of Financial Institutions (OCFI) of Puerto Rico and allo...