More input from the public on large technology firms’ use and policies surrounding the huge amounts of consumer data they hold will be accepted by the Consumer Financial Protection Bureau (CFPB) for 30 days following […]
The federal regulator of credit unions earned just shy of the top “maturity” level rating for its information security program for the fiscal year ending Sept. 30, 2022 – and received four recommendations for strengthening […]
A former New York banker was prohibited from further working at a bank after stealing more than $1.6 million from the institution, the federal insurer of bank deposits said Friday in a report of enforcement […]
The federal agency charged with consumer financial protection on Thursday said it’s taking a step forward toward an eventual rulemaking on consumers’ access to their financial data, as authorized by the 2010 Dodd-Frank Wall Street […]
An Office of Financial Technology will be established in early 2023 by the Office of the Comptroller of the Currency (OCC) to provide strategic leadership, vision, and perspective for the OCC’s financial technology activities and […]
Climate change as a continuing and growing source of risk for deposit insurers was highlighted before a conference of deposit insurers in Argentina Thursday by the acting chairman of the federal bank deposit insurance agency […]
A recent federal consumer financial protection agency advisory opinion that highlights credit reporting agencies’ duty under the Fair Credit Reporting Act (FCRA) to assure maximum possible accuracy in consumer credit reports – free of “junk” […]
Title: Fair Credit Reporting; Facially False Data Subject: FCRA Agency: CFPB Status: Advisory opinion Summary: The Consumer Financial Protection Bureau (Bureau) is issuing this advisory opinion to highlight that a consumer reporting agency that does […]
Eleven meetings of the federal credit union regulator’s board is set for 2023 – similar to past, recent years – with monthly meetings set for all months but August, the agency said Wednesday. The National […]
Banks charging so-called “surprise” overdraft and depositor fees can avoid violations of rules by following guidance issued by the federal consumer financial protection agency, it said Wednesday. The Consumer Financial Protection Bureau (CFPB) said it […]
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