Compliance

Metsger's remarks came during a recent panel discussion that dealt with exams, corporate assessments and refunds, the future of CFPB rulemaking and more.

If the National Credit Union Administration is worried about litigation from the Independent Community Bankers of America in response to its new field of membership rule, it is not showing.

Australia should follow India’s lead and scrap its biggest bank notes, UBS Group AG said.

Donald Trump's campaign strongly endorsed the idea of restoring the Depression-era separation of banking and commerce, but since Trump's victory, the idea has all but vanished.

The Consumer Financial Protection Bureau's contentious rulemakings on arbitration and payday lending may be in jeopardy with the change in administrations and continued GOP control of Congress.

Facebook has disabled so-called ethnic affinity filters from housing, credit and employment advertising following mounting criticism that the practice allowed marketers to discriminate against minorities in violation of fair housing and civil rights laws.

Officials of the National Association of Realtors were ecstatic about the Federal Housing Administration's lower owner-resident requirements for condo loans – until they read the fine print.

Probably the one thing credit unions can agree on regarding field of membership is this: a legal challenge to the new rule is coming soon.

While remittances may pose higher risks than services like bill pay, they are absolutely necessary in an age of unprecedented migration. It's high time state and federal regulators update the rules to help inspire banks to re-risk.

The Federal Trade Commission filed a lawsuit against NetSpend on Thursday, alleging that the prepaid card issuer deceived consumers in its advertising.

A Trump presidency might very well accelerate recent efforts to adapt banking regulation to the rise of fintech.

After a divisive campaign in which Donald Trump fiercely criticized his rival's ties to Wall Street, the president-elect appears to be considering JPMorgan Chief Executive Jamie Dimon as Treasury secretary. But there are many reasons to be skeptical it will ever happen.

Trump's election raises a lot of issues for the financial services industry, particularly for companies that operate internationally or rely on emerging technology. Here are a few areas Trump's presidency is likely to disrupt.

President-elect Donald Trump might attempt to remove Consumer Financial Protection Bureau Director Richard Cordray from his post and boost legislative efforts to weaken its powers.

While credit unions will be pleased to see voters reined in attempts by legislators to impose taxes on certain services CUs provide, they'll be looking for an expected legal challenge to a separate ballot measure that would prevent them from making political contributions in future.

The Consumer Financial Protection Bureau faces an uncertain and precarious future under President-elect Donald Trump, who some say might seek to oust Director Richard Cordray and boost legislation to significantly weaken the agency.

President-elect Donald Trump might attempt to remove Consumer Financial Protection Bureau Director Richard Cordray from his post and boost legislative efforts to weaken its powers.

The Director of the Michigan Department of Insurance and Financial Services (DIFS) has appointed the National Credit Union Administration (NCUA) as conservator of Valley State Credit Union, a $22-million institution based in Saginaw, Mich.

Credit union professionals and observers offered advice for the president-elect, as well as their expectations on what the next four years might hold for the industry.

With Republicans holding control of Congress and the White House, credit union advocates expect a focus on reg relief, including changes to Dodd-Frank, the CFPB, the NCUA and more.