MINNEAPOLIS - (10/03/05) -- The Minnesota CU Network said Fridayit has signed with newly formed Credit Union Discount Auto Servicesto provide a web-based auto buying service. The site, atcudas.biz., will provide Internet auto shopping and indirectlending exclusively for members of Minnesota credit unions,starting Oct. 1. At the site, members of participating creditunions can obtain below advertised prices on new and used carsbeing sold by participating Twin Cities auto dealers. The site isalso designed to help non-members find a participating credit unionthey can join.
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The Federal Reserve's recently published request for information on options for updating its check clearing apparatus has bankers fearing that it will opt to phase out paper checks entirely — an outcome that has community banks panicked.
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A federal judge ruled that acting Consumer Financial Protection Bureau director Russell Vought unlawfully refused to request agency funding from the Federal Reserve Board, dealing a procedural blow to a legal argument that the Fed can only fund the CFPB when it turns a profit.
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A White House executive order issued Friday afternoon directing regulators to ease Dodd-Frank compliance burdens comes as a bipartisan housing bill advances on Capitol Hill.
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The bank and fintech entered an agreement to expand open banking ahead of the CFPB's new 1033 rule and announced joint fraud-combatting product improvements.
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A federal judge wrote in an opinion that a "mountain of evidence" suggests the subpoenas were an effort to push Federal Reserve Chair Jerome Powell to lower interest rates or resign.
March 13 -
Investors claim JPMorganChase collected fees while ignoring suspicious transfers linked to a $328 million crypto Ponzi scheme.
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