The CFPB must streamline its rule governing prepaid products

Because of the Consumer Financial Protection Bureau’s onerous regulation governing prepaid products, Americans who rely on them as their primary personal banking tool are being denied access to features available to users of similar products, such as checking accounts.

What Capital One must do to realize its payments ambition

The credit-card issuer, which recently closed its acquisition of Discover, hopes to become a true competitor with Visa and Mastercard. It won’t happen right away, but analysts expect a large potential payoff if the multiyear push goes well.

Shareholders lament the rise of virtual annual meetings

Five years after the pandemic forced banks to switch to online annual meetings, shareholders are growing frustrated by the lack of in-person options. Some wonder if they’ll ever again be in the same room as boards and management teams.