Regulation and compliance
Regulation
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Federal financial regulators are teaming up to produce a webinar on fair lending law compliance targeted for credit unions.
September 28 -
WASHINGTON Fifth Third Bank must pay a total of more than $21 million to settle separate claims by the federal government that the bank's indirect auto-loan business discriminated against African-Americans and that the bank deceptively signed up customers for a credit card add-on product.
September 28 -
It's hard to decide which is more surprising: that the largest U.S. bank has almost abandoned the business of making home loans insured by the Federal Housing Administration, that lots of big banks could be right behind it, or that the FHA might not even need to care.
September 28 -
NAFCU on Friday asked a federal appeals court for leave to join an action challenging the Federal Communications Commissions order on Telephone Consumer Protection Act prohibitions relating to financial institutions autodialed calls to account holders.
September 28 -
Rep. Jeb Hensarling, R-Texas, chairman of the Financial Services Committee, is not seeking a higher leadership position in the wake of House Speaker John Boehners resignation, a spokeswoman said Monday.
September 28 -
Modified executive compensation plans can encourage bank chiefs to make prudent business decisions rather than chasing short-term profits.
September 28 -
The collaboration between financial institutions and technology firms runs deep, but banks' recent criticism of lax regulatory oversight for nonbanks reveals fissures.
September 25 -
Many different data security technologies exist, but the payments industry does not have what it needs for a global standard, said Marianne Crowe, vice president of the Federal Reserve Bank of Boston.
September 25 -
House Speaker John Boehner's surprising announcement reduces the odds of an imminent government shutdown, but raises fresh questions about several key banking priorities.
September 25 -
House Speaker John Boehners surprising announcement reduces the odds of an imminent government shutdown, but raises fresh questions about several key financial services industry priorities.
September 25 -
Politicians who support the idea of banking as a public utility may not be very concerned with the fate of community banks. Rather than say so directly, they gloss over the facts.
September 25 -
NCUA late Thursday liquidated tiny SWC Credit Union, here.
September 25 -
The Consumer Financial Protection Bureau has struggled internally with how to end potential discrimination in auto lending, including debating whether it should cite a large lender in the hopes of effectively ending the ability of partnering dealers to mark up loans with all lenders.
September 24 -
The Consumer Financial Protection Bureau has struggled internally with how to end potential discrimination in auto lending, including debating whether it should cite a large lender in the hopes of effectively ending the ability of partnering dealers to mark up loans with all lenders.
September 24 -
Officials signaled that Hudson City Savings Bank's nearly $33 million settlement over redlining charges is only the first in what is likely to be a string of other cases.
September 24 -
Federal officials on Thursday ordered Hudson City Savings Bank to pay more than $27 million to resolve redlining allegations, the largest order of its kind and one that is likely to put larger banks on notice that redlining cases will be aggressively pursued.
September 24 -
A task force convened by the Federal Reserve has made substantial progress in its first few months, but the path to real-time payment in the U.S. is still littered with challenges.
September 24 -
The National Association of Convenience Stores latest column on debit-card interchange fees is the most recent in the organizations years-long effort to obtain government-mandated price controls. But such controls would only increase large retailers profits.
September 24 -
Regulators have removed Keys Federal Credit Union in Florida from a conservatorship and returned control of the institution to its members.
September 23 -
GOP presidential contender Jeb Bush unveiled a plan to reform the regulatory process, including at agencies like the Consumer Financial Protection Bureau.
September 23



