May 28, 2019 | Litigation, News
← Previous Article Next Article → According to a court filing last week, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) have reached a deal with several payday lenders that could spell the end of a...
May 24, 2019 | Financial Literacy, News
← Previous Article Next Article → About 40 percent of Americans would be unable to cover an unexpected expense of $400, according to a recent report by the Federal Reserve. Although there have been improvements in the financial well being of many Americans,...
May 24, 2019 | News, Tribal Sovereignty
← Previous Article Next Article → Washington State’s Attorney General (AG) Bob Ferguson announced earlier this month a new tribal consent and consultation policy that is historic in nature. The policy aims to not only acknowledge the concept of tribal...
May 23, 2019 | News, Online Lending
← Previous Article Next Article → Sponsored by Lenders and consumers are finding each other online.Findings from Clarity’s 2019 Alternative Financial Services Lending Trends report agree with our recent consumer research, where several non-prime...
May 21, 2019 | Banks & Credit Unions, News, Tribal Sovereignty
← Previous Article Next Article → The National Credit Union Administration (NCUA) announced yesterday that it had granted its first federal credit union (FCU) charter in 2019, presenting it to the Otoe-Missouria FCU in Red Rock, Oklahoma. “I congratulate the...
May 20, 2019 | Federal Regulation, News
← Previous Article Next Article → Earlier this month, the Federal Reserve (Fed) released its semi-annual Financial Stability Report, which provides an overview of the stability of the U.S. financial system while highlighting near-term risks that pose a...
May 16, 2019 | Federal Regulation, News
← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB) released last week a notice of proposed rulemaking that would establish new rules on debt collection, primarily for third-party debt collectors. Reactions from industry...
May 15, 2019 | Congressional Legislation, FinTech, News
← Previous Article Next Article → Congresswoman Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, announced on May 9 the creation of a new task force on financial technology (fintech). According to the press release, the task force...
May 14, 2019 | Federal Regulation, News
← Previous Article Next Article → On May 13, Consumer Financial Protection Bureau (CFBP) Director Kathy Kraninger announced in a press release that Brian Johnson will serve as the deputy director. Johnson joined the CFPB in December 2017 after more than five...
May 13, 2019 | Financial Literacy, News
← Previous Article Next Article → Before purchasing a home, it’s important to assess your personal and financial readiness. After weighing the pros and cons of owning a home, we have listed a few great general questions below to help you self-assess your...
