July 9, 2021 NASCUS Report
Posted July 9, 2021THIS WEEK: NASCUS comments on AI/ML use; Complaints on overdraft rise during pandemic; Bulletin focuses on evictions; NASCUS 101 is approaching (Aug. 12); Employment expert featured at S3; BRIEFLY: NCUA charters 2nd FCU; OCC sheds COO role; NASCUS weighs in at ICURN
On rules for AI, slow and steady is the ticket, NASCUS writes
(July 9, 2021) A slow, methodical approach should be taken to determining the best regulatory scheme to address the use of the developing technology of artificial intelligence/machine learning (AI/ML) by…
COVID-related complaints saw uptick over overdraft fees
(July 9, 2021) Consumer complaints about federal student loans fell off during the coronavirus crisis, but protests about overdraft fees on checking accounts surged due to financial institutions attempting to…
Bulletin highlights concern over expected eviction surge
(July 9, 2021) Landlords, consumer reporting agencies (CRAs), and others are reminded of their obligations to accurately report rental and eviction information in a compliance bulletin published by CFPB this…
Time to sign up for Aug. 12 NASCUS 101
(July 9, 2021) It’s time to register for NASCUS 101 – the popular series of webinars that explains how NASCUS members can get the most out of their memberships –…
Another speaker lined up for Aug. 17-18 Summit
(July 9, 2021) Diane Reed, president of HRDoc in Fairfax, Va., is the latest speaker to be added to the roster addressing the 2021 NASCUS State System Summit (S3), a…
BRIEFLY: NCUA charters 2nd credit union of year; OCC ‘retires’ position of COO; NASCUS present at international CU regulators conference
(July 9, 2021) Community First Fund Federal Credit Union, of Lancaster, Penn., was chartered this week by NCUA, the second credit union chartered so far this year by the federal…
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