Wells Fargo strikes data-sharing agreement with Plaid

09/19/19

One of the largest U.S. banks and a dominant data aggregator have signed an agreement designed to give customers more control over their data.

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Led by Trump appointee, CFPB is back in the enforcement business

09/18/19

There were signs Kathy Kraninger would continue a rollback of consent orders and investigations, but many observers see an aggressive approach reminiscent of the Obama era.

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Do big credit unions act too much like banks?

09/18/19

From expanding their membership to buying naming rights for major stadiums, big credit unions are taking unfair advantage of their tax exemption, bankers and industry observers argue.

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Do big credit unions act too much like banks?

09/18/19

From expanding their membership to buying naming rights for major stadiums, big credit unions are taking unfair advantage of their tax exemption, bankers and industry observers argue.

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Capital One set to launch Walmart credit cards next week

09/18/19

The launch of the products comes more than a year after Capital One wrested the Walmart partnership from Synchrony Financial.

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Fed's Powell: Don't expect changes to bank liquidity rule

09/18/19

Despite concerns over how regulatory requirements affect short-term funding markets, the central bank is not considering a reduction in the liquidity coverage ratio, Jerome Powell said.

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N.Y. regulator voices objections to CFPB's debt collection plan

09/18/19

Linda Lacewell, New York’s superintendent of financial services, said the CFPB's debt collection proposal does not go far enough to protect consumers.

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CFPB complaint portal will remain public, with changes banks sought

09/18/19

The agency put to rest speculation that it might take the database offline, yet new disclosure statements are meant to combat the notion that a complaint proves a company’s guilt.

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Freddie Mac launches mortgage data app for lenders

09/18/19

The mortgage industry has put more emphasis on organizing data in a digital manner and presenting it in an easily digestible format.

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Student loan disclosures top new CBA chair’s Hill agenda

09/18/19

Nitin Mhatre of Webster Financial explains why the Consumer Bankers Association — whose members want a bigger piece of the student lending market — backs legislation that would make the federal government tell borrowers how much they will ultimately owe, as private lenders are already required to do.

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