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News and analysis on banking, regulation, technology, payments, and financial services for financial leaders and decision-makers.
News
Humid July CPI report puts pressure on Fed to hike
The consumer price index ticked up last month, bolstering arguments about broad based inflation and raising the odds of a rate hike next month.
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Planned FDIC standards for tech vendors may help small banks
The FDIC is in early discussions with bank trade groups to build a standard-setting body for certifying tech providers that pass voluntary due diligence checks.
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Credit unions win round against Snowflake in data breach case
Santander's employee data was breached. Credit unions that were never breached are suing over the cards they had to reissue.
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An impact investor's case against 'zero-sum thinking'
Roy Swan of the Ford Foundation said the simplest implication of his new book may be a nudge toward donor-advised funds. But he argues for a deeper examination of popular assumptions around figures like Adam Smith and Milton Friedman.
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States sue OCC over mortgage escrow interest pre-emption
A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
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