U.S. Bank and Adobe officials are touting a collaboration the entities maintain provides enhanced online and in-branch customer experiences personalized to individuals’ needs and interests. The A...
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The Consumer Financial Protection Bureau (CFPB) recently issued consumer reporting company guidance regarding screening and elimination obligations related to credit report junk data. “When a cre...
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U.S. Reps. Blaine Luetkemeyer (R-MO) and Brad Sherman (D-CA) recently forwarded correspondence to the Federal Housing Finance Agency (FHFA) Director Sandra Thompson, noting concerns regarding the pote...
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The Commodity Futures Trading Commission (CFTC) imposed over $2.5 billion in enforcement penalties in fiscal year 2022, according to its annual report. The penalties were assessed through either r...
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A group of Republican lawmakers introduced legislation this week that mandates that a fiduciary of a retirement plan must act solely in the financial and pecuniary interest of the participants and ben...
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Small Business Administration (SBA) officials have outlined the agenda for the first Small Business Cyber Summit, a virtual forum slated for Oct. 26, 2022, amid National Cybersecurity Awareness Month....
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Freddie Mac will roll out a new innovation to mortgage lenders nationwide through Freddie Mac’s automated underwriting system, Loan Product Advisor (LPA), starting Nov. 6. The innovation facilita...
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The Federal Deposit Insurance Corporation (FDIC) board of directors approved the publication of an Advance Notice of Proposed Rulemaking (ANPR) for requirements for large banks should they fail. Sp...
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The Independent Community Bankers of America (ICBA) and its affiliated state associations are urging the Federal Housing Finance Agency to align its capital rules with those of the federal banking age...
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Credit card company Mastercard introduced a new program this week that allows financial institutions to bring secure crypto trading capabilities and services to their customers. The program, called C...
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