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The final Community Reinvestment Act rule notably expands the definition of "large" banks to include banks with at least $2 billion of assets, requiring more banks to comply with the updated rules. That expanded scope is a feature, not a bug.
October 24
American Banker -
The Consumer Financial Protection Bureau's mission is important. That's why Congress needs to have stricter oversight of its actions.
October 24
Community Financial Services Association of America -
Three years removed from the Black Lives Matter protests, banks have not fulfilled their promises to help close the racial wealth gap.
October 23
Rise Economy -
An advocate for retail merchants takes issue with a BankThink article criticizing the Credit Card Competition Act.
October 20
National Association of Convenience Stores -
There are good reasons to be skeptical in the face of predictions of a revolution in banking led by generative artificial intelligence.
October 19
London Community Credit Union -
The Indian government's efforts to create digital public access for women can be a model for other countries.
October 18
Women’s World Banking -
Higher interest rates, deposit flight and looming credit losses were roiling the banking industry a few months ago, but so far banks seem to be weathering the storm. That doesn't mean things can't get worse.
October 17
American Banker -
Far more than most people, financial services professionals ought to understand the compounding crisis of climate change.
October 17
Amalgamated Bank -
The simple act of disclosing their sensitivity to interest rate changes would bring market discipline to the banking industry's choices about interest rate risk.
October 16
MIT Golub Center for Finance and Policy -
A pending new rule from the Consumer Financial Protection Bureau on customer data will force banks to improve customer service and be more competitive in their pricing.
October 13
Consumer Financial Protection Bureau Consumer Advisory Board