Mexico’s Incoming Government Sees Fintech as a Path to Greater Financial Inclusion
← Previous Article Next Article → In Mexico, where only one-third of adults currently have bank accounts, senior officials are looking to fintech companies and banks to increase participation in the financial system, according to a story in Reuters. In its...
Kraninger Nomination Clears Senate Committee, Advances to Full Senate for Consideration
← Previous Article Next Article → Earlier today, the Senate Committee on Banking, Housing, and Urban Affairs met in executive session to consider a slate of nominations, including that of Kathy Kraninger, President Trump’s nominee to head the Consumer...
CSBS Chair Says FDIC Should Look to State Regulator Experience
← Previous Article Next Article → In a new column for American Banker, Charlotte Corley, who serves as chair of the Conference of State Bank Supervisors (CSBS) and as commissioner of the Mississippi Department of Banking and Consumer Finance, argues that the...
Credit Unions Suggest NCUA’s PAL Proposal Needs More Work
← Previous Article Next Article → At the end of May, the National Credit Union Administration proposed a rule that would provide credit union member with more options to offer short-term, small-dollar lending products. These products would come on top of the...
NAFSA Adds Three Staff Members with New Director of Policy and Research, Communications Manager, and Marketing Manager
← Previous Article Next Article → This week, NAFSA announced three new strategic hires to help advance the organization’s mission of advocating for Tribal sovereignty, promoting responsible financial services, and providing better economic opportunity in...
Senate Democrats Ask Mulvaney to Protect Military Borrowers
← Previous Article Next Article → Yesterday, every Democratic member of the U.S. Senate signed a letter led by Sens. Jack Reed (D-R.I.), who serves as Ranking Member of the Armed Services Committee; Sherrod Brown (D-Ohio), who serves as Ranking Member of the...
Conference of State Bank Supervisors CEO Blasts OCC’s Fintech Charter
← Previous Article Next Article → In a column published last week in American Banker, John Ryan, president and CEO of the Conference of State Bank Supervisors (CSBS), blasted the Office of Comptroller of the Currency’s decision to accept applications for...
Fintech Startups Move Toward Subprime Credit Card Lending
← Previous Article Next Article → A growing trend so far this year is the rise of financial technology startups that are beginning to offer credit card products to customers with poor credit histories, according to an article in the Wall Street Journal. This...
