Compliance

One key test of banks' latest living will submissions, the first batch of which are due Wednesday, is whether the public portions of their plan are understandable to the public. If they aren't, regulators are ready to take tough action against institutions.

Payment technology provider Cayan says it has become one of fewer than 20 American companies to earn Level 2 EMV certification from standards governing body EMVCo.

Western Union says it will suspend money transfer services in Greece as the country deals with the government's decision to shut down all banks and the stock market for six business days.

Though the bulk of NCUA Debbie Matz's speech was scripted at NAFCU's annual conference, there were a few surprises.

Chris Myklebust will become commissioner of the Colorado Division of Banking. In his previous job, he approved a charter for a CU to serve the state's legal marijuana industry.

The EMV migration should be part of a broader security strategy that includes examining the age-old practice of using signatures to authenticate card payments, Federal Reserve Gov. Jerome Powell said Thursday.

The CFBP says it has not made any change to the definition of "creditor" under the Truth In Lending Act new rules regarding TRID even though CUNA said it found a discrepancy relating to exemptions for small lenders.

House Democrats wanted to talk about anything but allegations of employee discrimination at the CFPB raised by recent news reports.

Applying early for the web extension increases the odds of getting a preferred address in a business where "First National" is as common as "John Smith." Eventually, bankers hope .bank gains widespread recognition as a mark of trustworthiness.

A senior civil rights official at the Consumer Financial Protection Bureau is poised to tell Congress Thursday that the agency willfully disregards the process for handling internal employee complaints of discrimination and has repeatedly retaliated against staff who spoke out.