Regulation and compliance
Regulation
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As 2018 draws to a close, here's one more look at some of the year's most interesting stories and a glance at what 2019 may have in store for credit unions.
December 31 -
No matter how far the Massachusetts Democrat goes in the next presidential race, the financial regulatory issues that she trumpets will be front and center.
December 31 -
The announcement rescinded the agency's earlier guidance issued to industry partners to suspend sales operations as a result of the current lapse in funding from Congress.
December 31 -
As banks begin to use artificial intelligence in their businesses, they’ll need to consider the potential for bias as well as the impact new technologies will have on workers.
December 31 -
The Massachusetts progressive said in a New Year's Eve email and video message to supporters that she’s launching an exploratory committee for a 2020 bid, which could give her an early edge in fundraising among several potential rivals for the Democratic Party nomination.
December 31 -
As the 20-year anniversary of the passage of the Credit Union Membership Access Act draws to a close, one insider reminds that today's fights aren't as dissimilar as they might seem.
December 31 -
With the government shutdown set to extend into 2019, a growing number of credit unions are putting together offers to aid members impacted by furloughs.
December 28 -
The cost of Wells Fargo's scandals continues to rise as regulators from all 50 states forced the institution to pay hundreds of millions in penalties for the creation of fake accounts, improper enrollment in life insurance, force-placed auto insurance policies and other activities.
December 28 -
Ken Chenault, former chief executive officer of American Express Co., is leaving the boards of Procter & Gamble Co. and International Business Machines Corp., according to regulatory filings.
December 28 -
Nearly all new payments technologies strive to become as ubiquitous — and as secure — as possible. It's a goal that is harder than ever to achieve.
December 28 -
Linda Levy, CEO of Lower East Side People's Federal Credit Union, has no regrets about suing President Trump when he appointed Mick Mulvaney to run the CFPB, despite some negative reactions from her credit union colleagues.
December 28 -
LifeLock co-founder Robert Maynard is behind a startup called SurchX, which hopes to capitalize on the confusion around swipe fees with technology that generates a surcharge amount customized for each transaction.
December 28 -
Readers this year responded to Mick Mulvaney's leadership at the Consumer Financial Protection Bureau, the banking industry's role in the national gun debate, Rep. Maxine Waters' upcoming leadership of the Financial Services Committee, the influence of tech companies like Facebook and Amazon on financial services and much more.
December 27 -
After 10 years of conservatorship, the new year could finally usher in big steps toward housing finance reform.
December 27 -
Lawmakers and industry groups were caught off guard when FEMA said it wouldn't issue flood insurance policies during the government shutdown, despite an extension passed last week.
December 27 -
Despite some growing support for central banks issuing digital currencies, the practice raises important privacy concerns and questions about the structure of the banking system.
December 27 -
India has tightened rules regarding how foreign e-commerce platforms are allowed to sell goods in one of the fastest growing online markets, a potential blow to companies like Amazon.com Inc. and Walmart Inc.’s Flipkart.
December 27 -
As more states permit medical or recreational use, and legal uncertainty persists at the federal level, CUs' decision whether to do business with marijuana firms is trickier than ever.
December 27 -
The financial services and payments industries are aggressively trying to replace older systems with sleeker technology, but Swift has a separate goal in mind with the Global Payments Innovation system, or GPI.
December 27 -
From stress tests to tailoring the Dodd-Frank Act to the Volcker Rule, the banking agencies have a number of important proposals to finalize in the coming year. But there are several potential obstacles that could throw those plans off track.
December 26





















