There will be no changes to prices for payment services in 2021, out of deference to the impact of the coronavirus crisis, the Federal Reserve said Tuesday in an early declaration of its plans for […]
A bank that makes a loan would be determined a “true lender” under the provisions of a rule proposed Monday by the national bank regulator. The Office of the Comptroller of the Currency (OCC) said […]
Managing the fallout from the current pandemic, expanding technology’s role in reaching the underserved, and aligning incentives to promote sound credit union performance are the three priorities outlined briefly in written testimony slated Tuesday by […]
Public input on a potential voluntary certification program for banks to pursue in setting standards for their technology use – and particularly models of such programs used by so-called “fintechs” – is being sought by […]
Dollar amounts for provisions in truth-in-lending regulations for credit cards and mortgages have been adjusted for consumer prices as of the beginning of this summer, the federal consumer financial protection agency said Monday. More specifically, […]
The nine enforcement actions announced by the Office of the Comptroller of the Currency (OCC) this week included one civil money penalty assessment (CMP) of $100,000 related to a bank’s deficiencies under the Bank Secrecy […]
There was a net reduction of 211 banks nationwide at the end of last year compared with year-end 2018, the Federal Reserve reported Friday, and a net reduction of 1,182 branches and additional offices over […]
A template for employee applications to employer-created automatic savings (autosave) programs has been deemed by the Consumer Financial Protection Bureau (CFPB) to be compliant with Electronic Funds Transfer Act (EFTA) and related Regulaion E provisions […]
A “trends view” of consumer complaints which allows users to see information about complaints over time using a set of filter options has been added to the consumer complaint database of the federal consumer financial […]
Federally insured credit unions can register now for a two-hour webinar slated by their federal regulator July 23 on financial inclusion for persons with disabilities and the 30th Anniversary of the Americans with Disabilities Act […]
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