Jimmy Chen

Jimmy Chen

Founder and CEO

Jimmy Chen is the founder and CEO of Propel, a technology company that helps low-income Americans improve their financial health.

Regulation and compliance

CFPB should protect and enable the most vulnerable in its open banking rule

SNAP recipients need easy and reliable access to their account balances and transaction histories. The Consumer Financial Protection Bureau ought to clear the way and let that happen.

By Jimmy Chen

December 23

TRENDING

Regulation and compliance

CFPB should not thwart the bipartisan effort to combat identity fraud

The Consumer Financial Protection Bureau is considering new rules covering the collection and sale of some consumer data. If it's not careful, the agency could be inadvertently assisting identity thieves.

By Jason Kratovil

1h ago
Fraud

'Like wildfire': Rising check fraud pits small banks against big banks

A 50% growth in losses from check fraud last year is pushing bankers in Illinois to ask regulators for a joint supervisory guidance and tougher enforcement of large banks' "know your customer" compliance.

By Kate Berry

April 30
Regulation and compliance

TD takes $450 million provision in U.S. money-laundering probe

Toronto-Dominion Bank has taken an initial provision of $450 million in connection with U.S. investigations into its anti-money-laundering practices and said it expects additional penalties to come.

By Christine Dobby, Bloomberg News

April 30