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The pace of new regulations appears to be slowing slightly in 2016, but that does not mean the regulatory burden on credit unions is lessening.
March 2
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A consumer group argues in a new report that banks are being too aggressive as they try to persuade their customers to switch to the electronic delivery of monthly statements. Now it's calling for the CFPB to step in.
March 2
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Beige Book reports moderate, albeit inconsistent, loan demand as financial markets continue to be concerned about fallout from sustained low commodity prices and strong dollar.
March 2 -
Prosper Marketplace has tapped USAA executive David Kimball to be its next chief financial officer.
March 2 -
German bank and payments provider Wirecard AG is issuing a new prepaid Visa card to consumers, calling it the first Simply One Visa product in the market to combine the functions of a traditional credit card with a V Pay debit card.
March 2 -
OneMain Holdings is trying to get a better understanding of the subprime business by mixing data analytics and alternative credit scoring.
March 2 -
LAS VEGAS The Consumer Financial Protection Bureau on Wednesday ordered the online payment processor Dwolla Inc. to pay a $100,000 fine for deceiving customers about its security practices the first action it has taken related to data security.
March 2 -
WASHINGTON Loan demand over the last six weeks has remained moderate, albeit inconsistent, as financial markets continue to be concerned about the fallout from sustained low commodity prices and the strong dollar, according to a report issued Wednesday by the Federal Reserve.
March 2 -
The Consumer Financial Protection Bureau on Wednesday ordered online payment processor Dwolla Inc. to pay a $100,000 fine for deceiving customers about its security practices the first action it has taken related to data security.
March 2 -
Lenders repeatedly reassured skeptics that their credit risks from the energy slump were under control. But more oil and gas companies are filing for bankruptcy, and more of them are said to be drawing down their credit lines signaling that the worst may be yet to come.
March 2
