In the News
Podcast: Open Banking and the Benefits of Interoperability
Just months after many of the mandates in the European Union’s Digital Markets Act (DMA) have gone into effect, interoperability and data portability are fresh on the policy world’s mind....
NCUA Releases Annual Cybersecurity and Credit Union System Resilience Report
Report Describes Measures Taken to Strengthen Cybersecurity The National Credit Union Administration released today its annual...
June 28: Recent CFPB Activities
The Consumer Finance Protection Bureau (CFPB) is responsible for consumer protection in the financial sector. CFPB’s jurisdiction includes credit unions, banks, securities firms, payday lenders, mortgage-servicing operations,...
Second Credit Union Enters into Partnership With Blockchain Initiative
A second credit union has announced a partnership with San Francisco-based Metallicus, the core developer of Metal Blockchain, the foundational Layer O blockchain. The organization said One AZ Credit Union...
Lawsuit Over U.S. Credit Card Late Fees Rule Must Stay in Texas
The U.S. Consumer Financial Protection Bureau on Tuesday suffered a jurisdictional setback in a lawsuit challenging its new rule capping credit card late fees at $8 when a federal appeals...
June 21: Recent CFPB Activities
The Consumer Finance Protection Bureau (CFPB) is responsible for consumer protection in the financial sector. CFPB’s jurisdiction includes credit unions, banks, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services,...
ICYMI: CFPB, Financial Trades Clash Over Wire Transfer Fraud Liability
CFPB says wire transfers are covered by the Electronic Funds Transfer Act Financial services trade groups are railing against the Consumer Financial Protection Bureau’s assertion that consumers who initiate a...
June 14: Recent FinCEN Activities
FinCEN Seeks Comments on Renewal of OMB Control Number for Due Diligence Programs for Correspondent Accounts for Foreign Financial Institutions and Private Banking Accounts On June 11, 2024, the Financial...
June 14: Recent CFPB Activities
The Consumer Financial Protection Bureau The Consumer Finance Protection Bureau (CFPB) is responsible for consumer protection in the financial sector. CFPB’s jurisdiction includes credit unions, banks, securities firms, payday lenders,...
Senators Push for Legal Cannabis Businesses to Have SBA Access
U.S. Sen. Michael Bennet (D-CO) joined a group of Senators to urge the U.S. Senate Committee on Appropriations to provide cannabis businesses with access to Small Business Administration (SBA) programs...
June 7: Recent CFPB Activities
The Consumer Financial Protection Bureau The Consumer Finance Protection Bureau (CFPB) is responsible for consumer protection in the financial sector. CFPB’s jurisdiction includes credit unions, banks, securities firms, payday lenders,...
New Dataset Empowers Researchers To Precisely Track The Effects Of Redlining Over Time
A new dataset will give researchers an unprecedented look at how long-term disinvestment and redlining affects public health. Funded by a grant from the National Institutes of Health (NIH), the...