The House Subcommittee on Terrorism and Illicit Finance held a hearing last week to discuss strategies to disrupt the financing and procurement of weapons by terrorists. These networks typically us...
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Data garnered by a cybersecurity research firm showed the number of credit cards for sale on the dark web has roughly quadrupled over the past two years. Officials said a new report from IntSights,...
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The Financial Industry Regulatory Authority (FINRA) reported a 62 percent increase in daily market activity in the first six months of 2018 compared to the same period a year earlier. FINRA saw a r...
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The National Venture Capital Association (NVCA) recently praised the benefits of the House Committee on Financial Services advancement of the Developing and Empowering our Aspiring Leaders (DEAL) Act ...
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The U.S. House of Representatives advanced eight bills from the Financial Services Committee this week, including a bill that provides greater Congressional oversight on international insurance standa...
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KPMG LLP and SAS, a leader in analytics, recently announced a partnership to help banks transition to a new accounting standard expected to drastically change how financial institutions estimate, rese...
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Fannie Mae recently announced the launch of a pilot program to create an enterprise-paid mortgage insurance (EPMI) option. Through this program, lenders are not required to purchase mortgage insura...
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The U.S. House advanced legislation Tuesday that sets ground rules for international insurance agreements. The International Insurance Standards Act of 2017, introduced by Reps. Sean Duffy (R-WI) a...
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The Consumer Bankers Association (CBA) submitted comments to the Consumer Financial Protection Bureau (CFPB), recommending that the bureau partners with community organizations to ensure financial lit...
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Installment loan and bank card delinquencies increased in the first quarter, according to results from the American Bankers Association’s (ABA) Consumer Credit Delinquency Bulletin. The composite...
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A recently released American Investment Council (AIC) assessment of private equity investment has demonstrated diversity among varied community participants. Officials said the 2018 Top States & Di...
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Leandra English is leaving her post this week as deputy director of the Consumer Financial Protection Bureau (CFPB) and will drop her lawsuit challenging the hiring of Mick Mulvaney as the CFPB’s ac...
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The Federal Deposit Insurance Corporation (FDIC) has issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The CRA is a 1977 law in...
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The Financial Industry Regulatory Authority (FINRA) will launch this week an enhanced disclosure review process officials said is designed to deliver significant benefits to brokerage firms, as well a...
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The Purdue University/CME Group Ag Economy Barometer found that agricultural producer sentiment rose slightly in June. The barometer reading for June was two points higher than in May at 143. "I...
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The National Small Business Association (NSBA) is lending support to legislation designed to reform the nation’s patent system and aid small-business inventors. NSBA officials said the Restoring...
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The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) have extended the next resolution plan filing deadline for 14 domestic firms by one year to Dec. 31, 2019. The action ...
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The Consumer Financial Protection Bureau (CFPB) released a report last week, examining the payment habits of student loan borrowers. The typical student loan has a term of ten years, with equal mon...
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The Independent Community Bankers of America (ICBA) is asking the Treasury Department to prohibit any effort to expand services of the U.S. Postal Service to include banking. In April, Sen. Kristin...
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The National Association of Federally Insured Credit Unions (NAFCU) recently announced its support of efforts to provide credit unions with regulatory relief. NAFCU President and CEO Dan Berger rec...
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