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Up or down? Issuers adjust fees to compete for luxury spending
7 candidates to lead Fannie and Freddie's regulator
CFPB Issues Summer 2020 Supervisory Highlights
On June 29, the CFPB released its summer 2021 Supervisory Highlights . The findings of the report, which cover examinations that generally were completed between January 1, 2020 to December 31, 2020, are issued to “help institutions and the general ... Read full article
CFPB and Georgia AG Settle With Debt-Relief Company
On June 29, the CFPB and the Georgia Attorney General’s Office settled with a debt-relief and credit-repair company and its owners for allegedly deceiving consumers into hiring the company to lower or eliminate credit-card debts and improve consumers’ ... Read full article
DFS Settles with Indirect Auto Lenders to Resolve Fair Lending Violations
On June 29, NYDFS announced that two New York-charted banks engaging in indirect auto lending will pay civil money penalties for violating New York’s fair lending law for engaging in practices that resulted in members of protected classes paying higher ... Read full article
FDIC Chairman Discusses FinTech and Bank Innovation
At the recent FDIC conference, “Fintech: A Bridge to Economic Inclusion,” FDIC Chairman Jelena McWilliams remarked that while the proportion of U.S. households that were banked in 2019 was 94.6 percent, 7 million households still reported no banking ... Read full article
Northeast Credit Union names Chris Parker president and CEO
Quorum Federal Credit Union promotes president to CEO
Backlash over Chime account closings highlights risks in fraud detection
Former gas station tycoon pumping up Texas bank
Buy now/pay later has many consumers worried
ESG isn’t just PR — it’s the new frontier in risk management
Wordline adds handprint biometrics for mobile payments
Fintech Wise advances in direct listing in win for London
These 10 banks are rethinking overdraft fees. Here's why and how.
Blend values IPO at $414M, completes Title365 purchase
Quitting while ahead: CF Bankshares exits consumer-direct mortgages
Shake-up at OCC: Supervision teams will report to agency's chief
BMO Harris turns to fintech to create a smarter HSA