WASHINGTON—In a new report, the U.S. Government Accountability Office (GAO) said the CFPB's 2013 bulletin regarding indirect auto lending is a "rule" and should have been submitted to Congress for review – arguably rendering the bulletin ineffective.
Fresh Today
WASHINGTON—Credit union loan portfolios are on track for the fourth straight year of double-digit growth, according to CUNA’s October Monthly Credit Union Estimates.
NEW YORK–What to make of the surging price of Bitcoin?
WASHINGTON–A member of the Federal Reserve Board is urging caution around central banks in any country issuing digital currencies, although he believes there is a role for the regulators to play.
SAN FRANCISCO–Data breaches are frequently attributed to cybercrooks backed by governments, such as China or Russia, but one new report suggests the hack on Uber was by a young man who lives with his mother.
BROOKFIELD, Wis.–Fiserv announced that five credit unions, with assets between $400 million and $2.7 billion, have selected its DNA core solution.
WASHINGTON—House Financial Services Committee Chairman Jeb Hensarling (R-TX), speaking to the National Association of Realtors, described America's housing finance system as "broken" and called for a bipartisan, sustainable approach to reform it.
WICHITA, Kan.— Two credit unions have announced new CEOs.
SACRAMENTO, Calif.–How consumer data is bought and sold is going to get a lot of scrutiny in California in 2018, and what often begins on the West Coast moves east.
CHICAGO–A better banking app would lead more than half of Millennials to move to a new financial services provider, according to new research that revealed a number of other findings, as well.