US Bank Profits Jump But Watchdog Warns Of Stress
September 5, 2024 10:14 pm Leave your thoughtsWASHINGTON, Sept 5 (Reuters) – The U.S. banking industry recorded higher profits in the second quarter of 2024, but the... View Article
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C&R Software Acquires SpringFour
September 4, 2024 10:30 pm Leave your thoughtsWARMINSTER, Pa., Sept. 04, 2024 (GLOBE NEWSWIRE) — C&R Software (“C&R”),the world’s leading Cloud-native end-to-end software and solutions provider for... View Article
ICBA Urges CFPB To Simplify Rule On Earned Wage Access Products
September 3, 2024 8:15 pm Leave your thoughtsICBA told the Consumer Financial Protection Bureau that its proposed interpretive rule on “earned wage access” products defines “debt” too... View Article
Petition For Rehearing To Be Filed In Ninth Circuit In National Bank Act Preemption Case Related To Mortgage Escrow Accounts
September 3, 2024 8:10 pm Leave your thoughtsOn August 27, we blogged about the Ninth Circuit unpublished panel opinion in Kivett v. Flagstar Bank issued upon remand... View Article
Texas Federal District Court Rejects All Administrative Procedure Act Challenges to CFPB’s Section 1071 Final Rule
September 2, 2024 10:38 pm Leave your thoughtsBy Chris Willis, Joseph Reilly, Lori Sommerfield, Caleb Rosenberg & Josh McBeain on August 27, 2024 POSTED IN ALL ENTRIES,... View Article
NewDay USA Responds to Conclusion Of Extensive CFPB Investigation With No Consumer Harm
August 29, 2024 11:58 pm Leave your thoughtsIndustry Leader in Mortgage Lending Settles Extensive, Multi-year Inquiry Over Minor Reporting Errors WEST PALM BEACH, FL (August 29, 2024)... View Article
Promoting Competition In Payments
August 28, 2024 9:47 pm Leave your thoughtsBy Rohit Chopra As consumers increasingly move and store their money using mobile device apps, we have seen a rise... View Article
Medical debt’s impact on Alaska Native communities
August 27, 2024 7:00 pm Leave your thoughtsThe disproportionate impact of medical debt on Alaska Natives This week, CFPB Director Rohit Chopra will visit Alaska to... View Article
CFPB Releases Details On The Nonbank Registry (NBR) Portal And Public Database
August 25, 2024 11:59 pm Leave your thoughtsThe CFPB Nonbank Registry helps covered nonbanks understand, register, and comply with the Nonbank Registration Rule – Registry of Nonbank... View Article
US Banking Agencies Are Ramping Up Scrutiny Of Bank-Fintech Partnerships
August 21, 2024 8:25 pm Leave your thoughtsOn July 25, 2024, the U.S. prudential bank regulators released a Joint Statement on Banks’ Arrangements With Third Parties To... View Article
