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 […]
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. […]
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 […]
Spending of $394.5 million in 2024 is being proposed by the federal credit union regulator, an increase of 9.5% from the previous year, the agency said Thursday. The National Credit Union Administration (NCUA) also announced […]
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 […]
Credit unions should begin decreasing overdraft fees – or drop them altogether — the top federal regulator of the institutions said in a speech late Tuesday. In remarks to a credit union group meeting in […]
Principles intended to provide a “high-level framework for the safe and sound management of exposures to climate-related financial risks” for banks with $100 billion or more in assets were finalized by the federal banking agencies […]
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