Oct 16, 2018 | Federal Regulation, News
← Previous Article Next Article → Mick Mulvaney, acting director of the Consumer Financial Protection Bureau (CFPB), recently announced that the CFPB would issue a regulation that would provide clarity around “unfair, deceptive or abusive acts or practices,”...
Oct 12, 2018 | Federal Regulation, News
← Previous Article Next Article → The Office of the Comptroller of the Currency (OCC) announced on July 31 that it would begin accepting applications for national bank charters from nondepository financial technology companies engaged in banking businesses....
Oct 11, 2018 | Banks & Credit Unions, News
← Previous Article Next Article → A new survey of banks finds that the average overdraft fee that banks charge customers decreased slightly from 2017 to 2018. Despite this slight drop in fees, overdraft revenue still makes up a key source of income for many...
Oct 8, 2018 | NAFSA News, News
← Previous Article Next Article → NAFSA Executive Director Gary Davis provided a keynote address at the opening session of The Gathering 2018 Business Summit. Davis spoke passionately about hope, motivation, and the future of business in Indian Country....
Oct 8, 2018 | FinTech, News
← Previous Article Next Article → According to a new study by the Center for Financial Research (CFR) at the Federal Deposit Insurance Corporation (FDIC), a consumer’s digital footprint (i.e. whether a consumer uses an Apple or Android product, etc.) can do...
Oct 5, 2018 | News, Online Lending
← Previous Article Next Article → Installment loan delinquencies held steady in the second quarter of 2018, according to the American Bankers Association (ABA). Since 2003, installment loan delinquencies for closed-end loans remain well below the 15-year...
Oct 3, 2018 | Congressional Legislation, News
← Previous Article Next Article → Representative Maxine Waters (CA-43) introduced a congressional bill titled the “Consumer First Act,” on Tuesday, October 3. The bill takes aim at Mick Mulvaney’s softer approach towards regulation as the head of the...
Oct 2, 2018 | Federal Regulation, News
← Previous Article Next Article → Four government regulators met with the Senate Banking Committee on Tuesday to answer questions about the implementation of the regulatory relief bill – the Economic Growth, Regulatory Relief, and Consumer Protection...
Oct 1, 2018 | Financial Literacy, News
← Previous Article Next Article → Last month, we launched our Digital Financial Literacy Program. This program is designed to provide easy-to-understand information to help people better understand their finances and make decisions. Through this program, we...
Sep 28, 2018 | Litigation, News, Tribal Sovereignty
← Previous Article Next Article → The Federal Trade Commission, along with the Department of Justice, has mailed refund checks totaling $505 million to more than one million people who were victims of a “lending scheme operated by AMG Services, Inc. and...
