What ruling means for CFPB late-fee reg; who will replace Citi's Ybarra
A judge's ruling last week blocking the CFPB from implementing a small business data collection rule could provide an opening for credit card issuers to block completion of a rule limiting a credit card late fee safe harbor to $8. Bloomberg NewsWhat

What ruling means for CFPB late-fee reg; who will replace Citi's Ybarra

Judge's CFPB data rule pause could open a lane for late fee rule opponents : A federal judge's decision to bar the Consumer Financial Protection Bureau from enforcing a small business data collection rule pending the outcome of a Supreme Court case could give banks an opening to block a pending $8 late fee rule as well.

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Citigroup is working on a plan to fill Paco Ybarra's big shoes : Ybarra, who leads the megabank's sprawling institutional clients group, plans to depart in the first half of next year. Citi says it's assessing how to allocate his responsibilities.

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Why cross-border P2P transfers aren't instant—yet : Despite faster payments' momentum, fragmented systems and cash's resilience continue to hobble cross-border peer-to-peer remittance speed, says MoneyGram International CEO Alex Holmes .

Read more on payments: How PayPal's stablecoin revitalizes crypto competition .

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Acquisition would move fast-growing Texas bank into public finance : Texas State Bankshares, Inc. has agreed to buy Estrada Hinojosa & Co., one of the nation's biggest municipal underwriting and advisory firms.

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Riverview Bancorp places CEO on administrative leave : The Vancouver, Washington, company disclosed in a regulatory filing that Kevin Lycklama was under investigation. It elaborated only to say that the matter did not involve the bank's financial condition.

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