-
NCUA issued its prohibition orders for the month of February, prohibiting four people from employment and activity in the affairs of any federally insured financial institution.
February 29 -
Western Union has promoted Jacqueline Molnar to chief compliance officer.
February 29 -
The nation's largest marketplace lender announced changes Friday to its partnership with Utah-based WebBank. The revisions are designed to preserve Lending Club's ability to ignore state interest rate caps.
February 26 -
The bank's approval last year to buy OneWest Bank included a condition to submit an updated Community Reinvestment Act plan, but the CRA program now being presented by CIT is far from adequate.
February 26
California Reinvestment Coalition -
The credit union regulator's latest recovery from legal action following the corporate credit union crisis brings total legal recoveries to more than $2.4 billion.
February 26 -
Regulators focus on having banks and credit unions offer payday loan alternatives to underserved consumers overlooks the success of Web-based companies in filling credit gaps.
February 26
MWWPR -
The Consumer Financial Protection Bureau has not named a permanent deputy director since July. Given the contentious political battle over Cordray's recess appointment and ultimate confirmation by the Senate in 2013, some former officials say it may wait until after the election to make a choice. Here's why.
February 26 -
I am glad the Department of Justice picked a fight with Apple. Let me explain why.
February 26
-
Several members of Congress endorsed an effort to send a joint bipartisan letter to the Consumer Financial Protection Bureau asking for more exemptions for CUs and small banks.
February 24 -
WASHINGTON A day after Consumer Financial Protection Bureau Director Richard Cordray told financial industry executives that Congress did not intend to exempt small institutions from most rules, several lawmakers begged to differ.
February 24 -
Mildred Mitchell-Bateman Hospital FCU is the second liquidation of the year.
February 24 -
Payment technology provider Stripe aims to equip global entrepreneurs with the necessary banking and payments relationships to launch an online business in the U.S.
February 24 -
Director of Consumer Financial Protection Bureau makes appeal to CUs to work with his agency; says they have 'much ground in common.'
February 24 -
The top leaders of the National Credit Union Administration said Tuesday that they support an alternative option that would allow credit unions to merge some operations.
February 24 -
Nearly 5,000 credit union advocates are in Washington for the Credit Union National Associations Governmental Affairs Conference this week. Keynote speakers include Lisa Bodell, Ted Koppel and a 2016 Elections Point-Counterpoint with Paul Begala and Mike Murphy. Key policymakers include CFPB Director Richard Cordray, NCUA board members Debbie Matz, J. Mark McWatters and Rick Metsger as well several U.S. senators and representatives.
February 23 -
Western Union Co. is at the center of a preliminary European Union antitrust inquiry into allegations the company colluded with banks to drive rivals out of the multibillion dollar money-transfer market.
February 23 -
With the stakes so high for compliance officers, their rights and responsibilities should be clearly defined, including a safe harbor for those who play by the rules.
February 22
Orrick -
Online gambling is like gun shows and weedlegal and very lucrative, though with enough regulatory baggage that most service providers are reluctant to go near them.
February 22 -
WASHINGTON A public interest coalition is calling on financial regulators to declare the drinking water contamination in Flint, Mich. a "disaster" and encourage lenders from around the nation to extend credit to the area to counteract the damage.
February 19 -
Even as credit unions continue to urge NCUA to revert to an 18-month examination cycle, federal bank regulators unveiled an interim final rule Friday allowing highly-rated community banks to qualify for an 18-month examination cycle.
February 19
