WASHINGTON – The FDIC has released what it is calling a “comprehensive overview of the deposit insurance system and options for reform” to address financial stability concerns stemming from recent bank failures.
Fresh Today
NEW YORK–How can the country avoid bank runs? Two writers with the New York Times have put out a proposal for consideration.
WASHINGTON–With Small Business Week beginning April 30, a new survey has found a majority of small business owners saying high interest rates and inflation are taking a toll on their businesses.
WASHINGTON—Changes to mortgage Loan Originator rules under Regulation Z would prove “highly disruptive,” NAFCU told the CFPB.
WASHINGTON—The Transparency in CFPB Cost-Benefit Analysis Act, which would require the Consumer Financial Protection Bureau to conduct a cost-benefit analysis and other procedures as part of any rulemaking activity, has been re-introduced by Sen. John Kennedy (R-LA).
NEW YORK – Inclusiv has announced a “significant expansion” of its Financial Inclusion & Community Development Financial Institution (CDFI) Data Analytics Platform following a $1 million grant from CUNA Mutual Group.
WASHINGTON–Changes to late fees on credit cards as proposed by the CFPB could end up penalizing “responsible” consumers, according to several market analysts.
MALVERNE, Penn.–Jay Mossman, CEO of the CUSO AKUVO, is challenging other CUSOs to help raise $100,000 to help Ukrainian refugees.
MINOT, N.D.– Two credit unions have named new CEOs.
WICHITA, Kan.— Juniper Payments, a cloud-based, non-bank third-party provider of inter-bank transaction and reporting systems in the U.S. and a unit of PSCU, said it is partnering with Millennium Corporate Credit Union to offer integrated payments solution to credit unions nationally.