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Federal Reserve Board and FDIC Release Reports on Signature Bank Findings
The Federal Reserve Board (FRB) on Friday published the results from their review of the supervision and regulation of Silicon Valley Bank, led by Vice Chair for Supervision Michael S....
Learn How to Stop Hackers from Exploiting Hidden Identity Weaknesses
We all know passwords and firewalls are important, but what about the invisible threats lurking beneath the surface of your systems? Identity Threat Exposures (ITEs) are like secret tunnels for...
CFPB Finds Violations of Credit Report Accuracy Requirements, Including for Survivors of Human Trafficking
Examiners also found furnishers failed to correct false information and reported fraudulent information. The Consumer Financial Protection Bureau (CFPB) published an edition of Supervisory Highlights to share key findings from recent...
Building the CDFI Sector in Puerto Rico
Puerto Rico’s community development financial institution (CDFI) sector has grown 15-fold over the last decade following a collaboration that brought together leaders from government, community development finance, and Puerto Rico’s...
Five Key Credit Union Trends to Continue to Watch
According to the latest report released by the National Credit Union Administration, credit unions remain mostly stable in their performance and resilient to the challenges of the current economic environment at...
Nationwide Branch Advert Banned as Misleading
A Nationwide advert has been banned for incorrectly suggesting that the building society has not been closing branches. In October and November, Nationwide ran a TV, radio and press ad that sees...
CFPB Blog: Consumer Reporting Companies Have an Obligation to Correct Errors
The consumer reporting system maintains detailed profiles on millions of Americans. Companies harvest information on people’s financial status or record of paying bills and provide that information to consumer reporting...
Mar. 29, 2024: CFPB Updates
CFPB Takes Action to Halt False Claims of ‘Free’ International Money Transfers the Consumer Financial Protection Bureau (CFPB) issued a new circular warning remittance transfer providers that false advertising about...
SAFECOM and NCSWIC Develop 911 Cybersecurity Resource Hub
Looking for cybersecurity resources for your Emergency Communications Center (ECC) but do not know where to start? Overwhelmed with resources and not finding what you are looking for? SAFECOM and...
NCUA Releases 2023 Annual Report
The National Credit Union Administration today released its 2023 Annual Report, highlighting the agency’s activities, policy initiatives, and accomplishments for the past year. “In 2023, the NCUA focused its efforts on...
ABA: Americans Want Congress to Examine CU Tax Exemption & Allow Cannabis Banking
A new survey commissioned by the American Bankers Association has found consumers believe Congress should examine the credit union tax exemption, and also allow cannabis banking. In the survey conducted...
FHFA Announces 2024 Generative AI in Housing Finance TechSprint
The Federal Housing Finance Agency (FHFA) today announced its second TechSprint, an in-person team-based problem-solving event hosted by its Office of Financial Technology. FHFA’s Generative Artificial Intelligence (AI) in Housing...
Video: AKUVO’s Mossman and NACSCU’s Matusiak Share Ukraine Efforts Update
AKUVO President/CEO Jay Mossman and NACSCU (Poland) President/CEO and CEO of Via Stella Foundation Rafal Matusiak stopped by our set at the Underground Collision event in Washington, D.C., to provide an update on relief efforts going...