Mar 8, 2021 | Federal Regulation, FinTech, News
FDIC Names First-Ever Chief Innovation Officer Last month, the Federal Deposit Insurance Corporation (FDIC) named Sultan Meghji as the agency’s first Chief Innovation Officer. Meghji will lead the agency’s efforts to promote the usage of innovative technologies...
Mar 5, 2021 | Federal Regulation, News
Senate Banking Committee Holds Confirmation Hearing for CFPB Nominee Rohit Chopra Earlier this week, the Senate Banking Committee held a confirmation hearing for two of President Biden’s nominees: Gary Gensler, nominated to lead the Securities and Exchange Commission,...
Mar 3, 2021 | Financial Literacy, FinTech, News
Experian Research Finds Consumers Embracing Digital Transactions Experian’s 2021 Global Insight Report revealed that 60 percent of consumers currently use a mobile wallet to make digital payments, and 38 percent of consumers anticipate increasing their online activity...
Mar 1, 2021 | Federal Regulation, News
CFPB Hiring Personnel in Anticipation of Enforcement Push The Consumer Financial Protection Bureau (CFPB) recently announced its plans to establish a new enforcement team in preparation of strengthening its oversight of banks, mortgage servicers, and other financial...
Feb 26, 2021 | Federal Regulation, News
Following Confirmation Hearing, Interior Secretary Nominee Deb Haaland Likely to be Confirmed In her confirmation hearing this week before the Senate Energy and Natural Resources Committee, President Biden’s Interior Secretary nominee Deb Haaland stressed her support...