May 6, 2019 | Financial Literacy, News
← Previous Article Next Article → For many people, purchasing a home can the largest financial decision they will make in their life, as well as one of the most daunting. NAFSA’s Financial Literacy Program has a digital module called Considering Home...
May 3, 2019 | Federal Regulation, News
← Previous Article Next Article → Earlier this week, the New York Department of Financial Services (DFS) established the Consumer Protection and Financial Enforcement Division, an agency some are calling a “mini-CFPB.”Katherine A. Lemire will lead the...
May 3, 2019 | Federal Regulation, Litigation, News
← Previous Article Next Article → A district judge recently gave the New York Department of Financial Services (DFS) the green light to sue the Office of the Comptroller of the Currency (OCC) over it fintech charter, arguing that the fintech charter was...
May 1, 2019 | Financial Literacy, News
← Previous Article Next Article → On April 30, the last day of Financial Literacy Month, the U.S. House of Representatives passed two bipartisan resolutions aimed at promoting financial literacy among young adults and the elderly. On the same day, the...
May 1, 2019 | Banks & Credit Unions, News
← Previous Article Next Article → The Independent Community Bankers of America (ICBA), the national association for community banks, released its 2019 policy priorities during its Capital Summit in Washington, D.C. on April 29. According to ICBA, community...
Apr 26, 2019 | Banks & Credit Unions, News
← Previous Article Next Article → Despite banks’ long-lasting struggle with poor reputation since the financial crisis, they have found ways to retain customers, especially big banks. According to a recent survey by J.D. Power, only four percent of customers...
Apr 25, 2019 | Banks & Credit Unions, News
← Previous Article Next Article → Pressure is mounting for Congress to act on cannabis legalization. Just last week, 24 state regulators sent a letter to Congress urging leadership to allow state-chartered financial institutions to work with...
Apr 25, 2019 | Federal Regulation, News
← Previous Article Next Article → Earlier this week, the Competitive Enterprise Institute, alongside 17 other free-market organizations, sent a letter to Kathy Kraninger, director of the Consumer Financial Protection Bureau (CFPB), urging her to follow...
Apr 23, 2019 | Federal Regulation, News
← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB) earlier today announced a policy change regarding Civil Investigative Demands (CIDs) with the goal of providing “more information about the potentially wrongful conduct under...
Apr 22, 2019 | Financial Literacy, News
← Previous Article Next Article → Saving for retirement is often seen as an expense to put off for another day. It can be challenging to consider a distant future, especially when more immediate spending needs take priority. Unfortunately, this means many...