Title: Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications Subject: Digital payments; larger market participants Agency: CFPB Status: Proposed rule Summary: The Consumer Financial Protection Bureau (CFPB) proposes a rule to […]
Price changes set to take effect Jan. 2 for priced services the Federal Reserve Banks provide to banks and credit unions will result in a 1.8% average price increase for established, mature services, the Fed […]
General research matters for the Consumer Financial Protection Bureau (CFPB) will be discussed in public Dec. 1 by the agency’s Academic Research Council (ARC), according to a notice in Friday’s Federal Register and on the […]
An open meeting was abruptly canceled Thursday of the board of the federal bank deposit insurance agency amidst press reports of sexual harassment issues at the agency, according to new reports. Instead, the Federal Deposit […]
The number of federally insured credit unions (FICUs) with examination codes of CAMELS 3 rose by six in the quarter ending Sept. 30, according to a report Thursday during the open meeting of the National […]
Three national banks – in Minnesota, Indiana and Oklahoma – faced enforcement orders from their federal regulator this month for unsafe or unsound practices, the agency said Thursday. In a release, the Office of the […]
A final rule that includes federally tax-exempt veterans’ organizations within the definition of “qualified charity” to which credit unions may contribute using a charitable donation account (CDA) was approved Thursday by the board of the […]
“Beneficial ownership information” (BOI) frequently asked questions (FAQs) dealing with information reporting rules have been updated with eight new queries by the Treasury’s financial crime enforcement arm, the agency said Thursday. The Treasury’s Financial Crimes […]
News reports of alleged workplace misconduct at the Federal Deposit Insurance Corp. (FDIC) were met Wednesday with statements – one issued jointly and another, independent statement – from the two Republican members of the FDIC […]
The federal consumer financial protection agency spent $2.75 billion in fiscal year (FY) 2023 to do its work, the congressional watchdog reported Wednesday while also giving the agency a “clean opinion” regarding its financial statements. […]
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