A bulletin released Wednesday by the national bank regulator presents a lengthy run-down of how it views as venture lending, its risks, and the steps it expects banks to undertake to ensure such activity is […]
A “fast facts” sheet on a proposal to give consumers ostensibly have control over data about their financial lives and aimed at giving consumers new protections against companies misusing their data was issued Wednesday by […]
Public meetings of the three councils that advise the Consumer Financial Protection Bureau (CFPB) on its responsibilities under federal consumer financial protection laws are slated for Nov. 14, 15, and 16, according to notices published […]
A proposed rule detailing how depository and nondepository entities must make consumers’ financial transaction and account data available to consumers and authorized others is out for comment until Dec. 29, according to a notice Tuesday […]
A former worker at an Upper Marlboro, Md., credit union was prohibited as a result of debit card fraud from future service at a federally insured bank or credit union in October, the federal regulator […]
Title: Required Rulemaking on Personal Financial Data Rights Subject: Consumer access to data Agency: CFPB Status: Proposed rule Summary: The Consumer Financial Protection Bureau (CFPB) is proposing a rule to implement personal financial data rights […]
Stablecoins – described as a form of private money when pegged to a government-issued currency – need to be regulated, the Federal Reserve’s top supervisor said Friday as he reiterated that the agency has made […]
Two new members will join the economic inclusion advisory committee to the federal bank deposit insurance agency when the panel meets next week, the agency said Friday. In a release, the Federal Deposit Insurance Corp. […]
Title: Regulatory Capital Rule: Risk-Based Capital Surcharges for Global Systemically Important Bank Holding Companies; Systemic Risk Report (FR Y-15) Subject: G-SIB surcharge, systemic risk Agency: Federal Reserve Status: Proposed rule Summary: The Board of Governors […]
How quickly consumers and businesses demand instant payments will govern the success of the Federal Reserve’s new instant payment system, a member of the agency’s board indicated Thursday. Fed Gov. Christopher Waller, speaking to the […]
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