Regulation and compliance
Regulation
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The Consumer Financial Protection Bureau said that digital marketers involved in the development of content strategy can be liable for "unfair, deceptive or abusive acts or practices."
August 10 -
Coinbase Global said it's being probed by the Securities and Exchange Commission over its staking programs, which allow users to earn rewards for holding certain cryptocurrencies.
August 10 -
Digit engaged in deceptive acts or practices by routinely causing checking accounts to overdraft, the Consumer Financial Protection Bureau said.
August 10 -
"Super apps," embedded commerce and buy now/pay later loans are hoovering up consumer data with little clarity over the consequences for users, according to a new Consumer Financial Protection Bureau report.
August 10 -
Republicans on the Senate Banking Committee are vowing to pursue legislation mandating more transparency from the Federal Reserve after learning the central bank had documents regarding former Fed nominee Sarah Bloom Raskin that the bank never divulged to Congress.
August 10 -
A recent blog post from the agency raises more questions than it answers.
August 10 -
Moving its loan operations beyond its geographic footprint, California's US Metro Bank shot up in our rankings of the best-performing community banks.
August 9 -
Despite an initial green light in 2019, regulators with the Virginia State Corporation Commission ultimately decided the credit union's plan to add members lacked merit.
August 9 - AB - Policy & Regulation
Trade groups submitted a wide range of complaints to regulators throughout the Community Reinvestment Act's comment period, including concerns about the revamp's timeline and how the proposal would evaluate online banking activity.
August 8 -
It will be a bitter pill for some in the crypto world, but strong regulation of stablecoins is necessary to maintain the dollar's status as the world's reserve currency.
August 8 -
A federal judge in New York vacated the guilty plea of a former Deutsche Bank trader who admitted to conspiring with others to manipulate the Libor interest rate benchmark, after an appeals court overturned the convictions of two of his ex-colleagues earlier this year.
August 5 -
The Consumer Financial Protection Bureau's review of credit card late fees has ignited pushback from industry that supports an expected 9% jump in fees next year pegged to inflation.
August 5 -
The Federal Reserve released its large bank requirements for 2023 based on the results from this year's stress test. Most of the banks tested will need to maintain or increase their tier one capital holdings.
August 5 -
Consumers should be aware that the FDIC does not protect their money if a fintech goes belly up.
August 5 -
Equifax, the second-biggest global credit bureau, was hit with a proposed class-action lawsuit after a report that it provided inaccurate credit scores on millions of U.S. consumers looking for loans.
August 4 -
Sen. Pat Toomey is again demanding transparency by the Federal Reserve after learning the central bank withheld documents he and other Republicans sought related to former Fed nominee Sarah Bloom Raskin during her confirmation fight.
August 4 -
The Consumer Financial Protection Bureau is investigating some of the bank's credit card practices, including refunds, billing errors and credit bureau reporting, according to a securities filing Thursday.
August 4 -
A letter from Democratic senators seeking new details about unauthorized accounts is the latest political headwind for the Minneapolis bank. It comes on the heels of a $37.5 million fine by the Consumer Financial Protection Bureau.
August 4 -
The National Credit Union Administration's certification for WeDevelopment Federal Credit Union in Missouri took effect in July.
August 4 -
A draft letter obtained by American Banker would ask acting Comptroller Michael Hsu to rescind several interpretive letters issued during and following the Trump administration that gave banks cover to pursue certain crypto activities.
August 4





















