White House Says CFPB Rules Cost Americans $237 Billion
Republican lawmakers vowed Tuesday (Feb. 17) to reform the Consumer Financial Protection Bureau (CFPB) after a White House report detailed what it said are the costs of the agency and its regulations....
Stripe-Owned Bridge Clears OCC Hurdle for Federal Bank Charter
Stripe-owned Bridge announced Tuesday (Feb. 17) that it received conditional approval from the Office of the Comptroller of the Currency (OCC) to organize a federally chartered national trust b...
JPMorgan Chase Analysts Predict AI Costs Could Trigger Bank Mergers
The pace of artificial intelligence spending required in the financial services sector may force smaller banks into mergers, Bloomberg reported Tuesday (Feb. 17), citing analysts at JPMorgan Chase.
...
