Mulvaney and the Decline in Enforcement Actions at the CFPB

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

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

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

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

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

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...
Improving Access to Credit by Revamping FICO Scores

Improving Access to Credit by Revamping FICO Scores

← Previous Article Next Article → After years in development, the Fair Isaac Corporation (FICO) has unveiled its new credit scoring system called UltraFICO. The new system provides consumers the opportunity to modify their credit score by allowing lenders to...

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