The Internal Revenue Service (IRS) reported that the estimated gross tax gap increased to $496 billion, a rise of over $58 billion from the prior estimate, for the tax years 2014 through 2016. The...
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The Consumer Financial Protection Bureau (CFPB) has begun the initial process of outlining options for consumers to bolster access to and control financial data before issuing proposed data rights gui...
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A group of Republican senators, led by U.S. Sens. Todd Young (R-IN) and Steve Daines (R-MT), are asking the nonpartisan Congressional Budget Office (CBO) to assess how policies passed during Biden Adm...
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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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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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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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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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The Americans for Safe Access (ASA) has issued its 2022 Vote Medical Marijuana voter guide to educate supporters and the public regarding legislator medical cannabis advocacy. "It is critical for m...
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Findings from a survey conducted by the software company Entrust maintain domestic consumers expect payment experiences that include seamless self-service capabilities, flexible payment options, and 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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