How FIS is spinning off Worldpay; Supreme Court vs. bank regulators
Worldpay is being taken private as part of a revised agreement to split off from FIS.

How FIS is spinning off Worldpay; Supreme Court vs. bank regulators

Why FIS changed its Worldpay spinoff plan: The payment processor Worldpay was originally supposed to be publicly traded. By taking the unit private and retaining a stake, FIS can remain competitive in merchant services.

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Supreme Court could limit enforcement powers of U.S. banking agencies: A challenge to the SEC's use of administrative law judges could have big implications for bank regulators. The Federal Deposit Insurance Corporation (FDIC) , Federal Reserve Board , Office of the Comptroller of the Currency and CFPB could be forced to go to federal court in cases that would otherwise be handled in-house.

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CFPB report shows late fees are not a top complaint — for a reason: The Consumer Financial Protection Bureau wants to wipe out $9 billion a year in consumer costs by cutting credit card late fees to just $8. But consumer complaints about late fees remain low, and experts say that's because many first-time late fees are forgiven.

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'Just a kid from Wyoming': Caitlin Long fights for regulated crypto: Long, founder and CEO of Custodia Bank, has pushed digital asset regulation in her home state of Wyoming. Now she's working on a national scale.

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How credit union branches are doing more with less: MSU FCU and its peers are streamlining branch design and staffing to improve customer service while managing the rising costs of real estate and construction.

CHESTER SWANSON SR.

Realtor Associate @ Next Trend Realty LLC | HAR REALTOR, IRS Tax Preparer

1 å¹´

Well said.

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