WASHINGTON—The Federal Reserve Board has issued a final rule on reserve requirement ratios on transaction accounts.
Fresh Today
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has issued a proposed rule it said is aimed at closing anti-money laundering (AML) regulatory gaps for certain convertible virtual currency (CVC) and digital asset transactions.
WASHINGTON—The Consumer Financial Protection Bureau has settled with Envios de Valores La Nacional (La Nacional) after saying it had found the company violated the Electronic Fund Transfer Act (EFTA) and the Remittance Transfer Rule, which implements EFTA.
BROOKFIELD, Wis.—Eighty-one percent of U.S. consumers will give at least one gift card this holiday season, with 38% planning to give five or more, according to a new study from Fiserv.
WASHINGTON—A new data analysis by the Federal Trade Commission shows gift cards continue to be the most common form of payment when consumers report losing money to scammers.
WASHINGTON–The National Consumer Law Center and several other consumer groups are expressing “disappointment” in the Consumer Financial Protection Bureau’s second part to its final debt collection rule.
NEW YORK– Inclusiv is reporting its Resilience Grant Fund has reached $1 million.
WASHINGTON—The Consumer Financial Protection Bureau has issued an advisory opinion to address regulatory uncertainty regarding Regulation B, which implements the Equal Credit Opportunity Act (ECOA), as it applies to certain aspects of special purpose credit programs (SPCPs).
DUBLIN, Calif. –— Patelco Credit Union has signed a Memorandum of Understanding with the Consulate General of the Philippines in San Francisco under the Spark* Connect* Empower* (SCE) Movement, which seeks to help spark pride among Filipino Americans in their Filipino culture and heritage, connect them with one another, and empower them in the process.
WASHINGTON—The Consumer Financial Protection Bureau has taken action against a number of companies for violations ranging from causing some people to be mistakenly evicted to bogus threats to sue consumers, to MLA violations.