Compliance

The Consumer Financial Protection Bureau is set Thursday to propose new disclosures for federal student loans that would require servicers to provide several repayment options for borrowers.

Consumer Financial Protection Bureau Director Richard Cordray sent a four-page response to Sen. Bob Corker, R.-Tenn, about new mortgage disclosures but fell short of providing any new official guidance to address industry concerns.

State regulators led the way with a bevy of comments suggesting ways NCUA should overhaul how the agency is funded.

The Financial Accounting Standards Board gave final approval Wednesday to its controversial Current Expected Credit Loss standard, but agreed to delay its implementation deadlines by a year in response to protests from banks and credit unions.

The Credit Union National Association (CUNA) launched a Regulatory Burden Calculator that is free to member credit unions, the agency said Wednesday.

While banks should be wary of potential restrictions on the H-1B visa program, policymakers should be mindful of the consequences of limiting H-1B visas too severely.

WASHINGTON — After close to four years at the helm of the Financial Crimes Enforcement Network, Director Jennifer Shasky Calvery announced Tuesday that she will leave the agency next month.

The prepaid card industry is ramping up its advocacy efforts on Capitol Hill as the Consumer Financial Protection Bureau readies a final rule targeting such products.

The Consumer Financial Protection Bureau ordered the New Jersey law firm Pressler and Pressler and a debt buyer to pay $2.5 million for allegedly filing "mass-produced" lawsuits against consumers based on nonexistent debts.

Multi-factor authentication will be required for administrative access to card data and systems for Payment Card Industry data security compliance this week.

The prepaid card industry is ramping up its advocacy efforts on Capitol Hill as the Consumer Financial Protection Bureau readies a final rule targeting such products.

A week after saying they were less than a year away from testing a real-time payments network in the U.S., The Clearing House and FIS have submitted a proposal about the system to the Federal Reserve's Faster Payments Task Force.

A video of the March 2016 open meeting of the National Credit Union Administration board was posted on the agency’s website Friday.

A federal district judge ruled that the Consumer Financial Protection Bureau has no power to investigate the Accrediting Council for Independent Colleges and Schools, an embattled accreditor of for-profit colleges. The ruling marks the first time a court has said the bureau had no jurisdiction and overreached its statutory authority.

Banking regulators made several critically important changes in their new plan to restrict executive pay at financial institutions after their first attempt flopped in 2011. Here's what they did.

Federal regulators unveiled a long-awaited proposal Thursday designed to target incentive-based pay arrangements for executives at banks and credit unions, the agencies' second attempt after their initial plan met fierce resistance.

Despite his loss in the New York primary on Tuesday, Sen. Ted Cruz is fighting hard to win the Republican nomination. But eliminating the CFPB could be an even tougher challenge if he is eventually elected president.

Research published in 2014 found that just 18% of U.S. checking account holders pay 91% of all bank overdraft fees.

Continued doubts over ending "too big to fail" should force managers to elevate underappreciated staff whose job is to attack oncoming risks.

A Consumer Financial Protection Bureau study found that borrowers pay steep bank penalty fees and may have their checking accounts closed when they take out online payday loans.