Regulation and compliance
Regulation
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Visa has reached an agreement with Taxback International to streamline the recovery of value-added taxes, which frequently go unclaimed..
December 8 -
NCUA Chairman tells House committee that Financial Stability Oversight Council performs valuable service to Americans.
December 8 -
WASHINGTON The Consumer Financial Protection Bureau is seeking $1.85 million in fines and restitution from EOS CCA, a Norwell, Mass., debt collection firm accused of holding on to a tainted AT&T portfolio of old cellphone bills.
December 7 -
The Consumer Financial Protection Bureau announced Thursday that it had hit Clarity Services, a Florida-based consumer credit reporting company, with an $8 million fine over Fair Credit Reporting Act violations.
December 4 -
Issues with upgrading software and ensuring pricing accuracy to comply with the consumer bureau's "integrated disclosures" have been magnified in wholesale loan transactions.
December 4 -
Attempts to sneak provisions into a final budget deal may be sold as helping community banks, but many of the measures really help big banks and undermine consumer protection.
December 4 -
The House easily passed the highway spending bill that was hammered out by the House and Senate conference and now heads to the Senate, where it is expected to be approved and sent off the White House to be signed into law.
December 3 -
Sen. Sherrod Brown took to the Senate floor Thursday afternoon to reiterate concerns over the Republican effort to move financial reform legislation through a must-pass spending bill.
December 3 -
Credit unions, banks and a host of other interests are challenging aspects of the way the FCC is interpreting and implementing the Telephone Consumer Protection Act.
December 3 -
A federal appeals court has ruled that Visa and MasterCard were coerced by law enforcement into cutting ties with a website that runs sex-related ads. The decision is a powerful statement in the debate over how far government officials can go in enlisting financial institutions as their deputies.
December 3 -
NCUA has released several new videos about the protection it provides to federally-insured credit unions.
December 3 -
In a report assessing the impact of a 2009 reform law, the agency cited concerns on debt collection, deceptive rewards programs and so-called deferred interest products.
December 3 -
Several lawmakers criticized efforts to include controversial banking policy riders in a yearend deal on Wednesday evening.
December 2 -
The sweeping, five-year highway bill may include some key concessions for small financial institutions, but the deal has left many in the industry frustrated. Here's why.
December 2 -
Unlike the high-profile hacking incidents at big banks, smaller institutions have their own breed of threats such as cyberextortion that they must focus on in strengthening their security.
December 2 -
A number of regulatory reforms backed by the credit union lobby made it through the House-Senate conference process.
December 1 -
Sage Bank in Lowell, Mass., has agreed to pay about $1.2 million to settle Justice Department allegations of discrimination against minorities in mortgage lending.
December 1 -
Services are cropping up that help banks analyze bitcoin transactions for signs of criminal behavior such as money laundering. But such services come with their own risks.
December 1 -
NCUA banned six individuals from being involved in the running of a federally insured financial services institution.
December 1 -
The tiny Cleveland-based credit union is the ninth federal insured CU to be liquidated in 2015.
December 1



