The Consumer Financial Protection Bureau (CFPB) issued guidance this week on what it calls two junk fee practices that it sees as unfair and unlawful. One of them refers to surprise overdraft fees...
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The National Association of Federally-Insured Credit Unions (NAFCU) is advocating the Secure and Fair Enforcement (SAFE) Banking Act be included in the fiscal year 2023 National Defense Authorization ...
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The Securities and Exchange Commission (SEC) is proposing new rules that would prohibit registered investment advisers from outsourcing certain services and functions without conducting due diligence....
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Montana Attorney General Austin Knudsen has joined 17 other state attorneys general in requesting the Security and Exchange Commission (SEC) allow public input regarding environmental, social, and gov...
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U.S. Sen. Sherrod Brown (D-OH) is reminding the Federal Reserve not to hurt employment rates to reduce inflation. In a letter to Federal Reserve Board Chair Jerome Powell, Brown said it is the Fed...
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A new Federal Deposit Insurance Corporation (FDIC) survey found that nearly 96 percent of U.S. households were banked in 2021. The FDIC’s biennial 2021 National Survey of Unbanked and Underbanked...
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Digital asset industry infrastructure company Silvergate has noted it would provide comprehensive customer support to enable customers to conduct certain activities outside traditional banking hours. ...
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World Council of Credit Unions’ (WOCCU) 2021 Statistical Report findings maintain the global credit union movement's chief priority is digitization. “Despite the COVID-19 pandemic continuing to...
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Securities and Exchange Commission (SEC) officials have outlined charges against a Toronto-based cannabis company and its former Chief Commercial Officer, alleging improper revenue accounting and othe...
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The American Property Casualty Insurance Association (APCIA) released a white paper this week examining how auto insurance is impacted by inflation. The paper, entitled "The New Normal? Auto Insure...
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