State Investigations into Redlining Continue
← Previous Article Next Article → In mid-October, Pennsylvania’s Attorney General Josh Shapiro ratcheted up an investigation into redlining by calling on Philadelphia residents to file official complaints if they feel they have been redlined when applying...
Mulvaney and the Decline in Enforcement Actions at the CFPB
← Previous Article Next Article → Over the past year, there has substantial concern among consumer watchdogs that the Consumer Financial Protection Bureau (CFPB) has initiated fewer enforcement actions against financial services companies under Acting...
Congressmen Urge Federal Reserve to Mandate Real-Time Payments
← Previous Article Next Article → Earlier this week, four members of the Congressional Black Caucus sent a letter to Federal Reserve Chairman Jerome Powell urging the federal agency to mandate real-time payments. This is becoming an increasingly important...
NAFSA Celebrates National Native American Heritage Month
← Previous Article Next Article → The Native American Financial Services Association (NAFSA) is celebrating National Native American Heritage Month this November. We are taking this time to recognize the ancestry and time-honored traditions of American...
Federal Reserve Proposes Lighter Regulations for Mid-sized Banks
← Previous Article Next Article → The Federal Reserve announced a pair of proposals today that would significantly lighten the regulations on banks with assets between $100 billion and $250 billion while maintaining strict standards for the largest and...
Financial Literacy: The Pros & Cons of Using a Credit Card
← Previous Article Next Article → Last month, we launched our Digital Financial Literacy Program. Through this program, we provide financial literacy modules with easy-to-understand information to help people better understand their finances and make more...
No Need to Fear a Recession…Yet
← Previous Article Next Article → The U.S. economy grew at a 3.5 percent annual rate in the third quarter of 2018, a solid growth rate, although slower than the second quarter’s rate of 4.2 percent. Despite this good news, many economists are predicting...
Recent Developments in Legal Cases that Could Impact Small-dollar Financial Services
← Previous Article Next Article → This week, there have been several important legal developments in the small-dollar financial services industry: the Georgia Supreme Court ruled that cash advances are not always loans; the Consumer Financial Protection...
