🇺🇸 US CFPB recently reminded consumers that funds parked in payment apps are not subject to deposit insurance. The growth of non-bank...

On June 6th, The Fed, OCC, and FDIC jointly released an updated guideline for banks’ third party risk management. This has been highly...

In early 2022, CFPB launched an initiative to target excessive fees charged in consumer finance. On March 8, 2023, the agency published a...

BNPL - Latest Regulatory Actions 🇺🇸 Another Report from CFPB CFPB released its analysis of BNPL customers’ credit profile, based on a...

Earlier this month, the Department of Finance Canada released the proposed Retail Payments Activities Regulations for comments. The...

On Feb 10, the Fed released this year’s stress testing scenario. It is an annual exercise to gauge the largest US banks’ capabilities to...

The details of card late fee rule-making are out. 👇 CFPB proposes an $8 cap, Within 25% of the required payment, No automatic annual...

1. Will the central bank succeed in taming high inflation with a soft landing? The ideal scenario for businesses and consumers: the...

The world is disintegrating. Then reintegrating. 📌 RBC announced the acquisition of HSBC Canada for $13.5B CAD. Several international...

Here is a summary with some highlighted numbers. 🔲 The Data In Dec 2021, CFPB asked for data from 5 major BNPL operators in the US:...

It is no coincidence that several connections reached out in the last few weeks to ask about embedded finance and Banking-as-a-Service...

Apple’s Breakout (from the existing financial system) project was first reported by Bloomberg back in March 2022. Since then, regulators,...

BNPL Regulation Update - Slowly, But Surely. The window of regulatory arbitrage is gradually closing in several markets. 🇦🇺 Australia...

$42 billion TerraUSD/Luna collapse. Many unsophisticated investors got hurt. Why still not much regulation in the space? Here is a quick...

Innovation is great, but Competition is the launch pad. That is the message from the regulator CFPB Who just renamed one of its key...

The market continues to develop while regulatory rulemaking is slow. As reported by Reuters, the open banking rulemaking is held up due...

A dormant authority being activated by the regulator CFPB invokes the authority to examine non-bank companies. This move clearly targets...

Responsible innovation. Risk management. Yellen shared her latest view on cryptocurrency last week. Both crypto enthusiasts and critics...

Globalization is reversing gears Banks stop to be everything everywhere Now we see the rise of super-regional banks What if one of the...