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There are existing ways to authenticate third-party permissioned data access that don't involve screen-scraping or expensive token-based systems.
April 28Method Financial -
Dan Berger, chief executive of the National Association of Federally-Insured Credit Unions, weighs in on the collapse of Silicon Valley Bank, how credit unions are working to expand market share and regulatory changes impacting institutions of all sizes.
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Rules around what, when, and to whom a bank must report in the wake of a data breach remain a key point of regulatory friction. Some hope a new federal office could help.
February 28 -
The Federal Reserve's vice chair for supervision, in his first appearance before Congress since being confirmed, testified that the banking industry has been spared so far from the chaos in cryptocurrency markets. But he warned that too little is known about nonbank activities that could "blow back" to the regulated financial system.
November 15 -
The agency in charge of regulating cybersecurity incident reports asked firms Monday to give their input on how the developing set of rules should work.
September 12 -
The Biden administration is poised to put its stamp on the banking regulatory landscape, but there are few slam-dunk solutions that will satisfy both the industry and a vocal Democratic base.
August 2 -
The Consumer Financial Protection Bureau claimed that Hyundai Capital America hurt borrowers by incorrectly reporting they were late on payments.
July 26 -
The two banks, which recently pushed back the deadline for their $2.6 billion merger, pledged Monday to ditch nonsufficient-funds fees, among other more consumer-friendly changes.
June 6 -
In the agreement, the bank denied allegations that it refused to issue a mortgage until one of the applicants returned to work from maternity leave.
April 19 -
Bank-issued prepaid benefits cards were supposed to help state governments deliver these funds more efficiently. But the pandemic scrambled the economics of these programs.
April 7