WASHINGTON— The House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion is being urged to increase regulation of digital assets to create a level playing field for all financial services players.
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ALEXANDRIA, Va.—In its role as liquidating agent, NCUA said it is distributing $109.6 million to more than 100 membership and paid in capital shareholders of the former Constitution and U.S. Central corporate credit unions.
WASHINGTON—The Consumer Financial Protection Bureau (CFPB) released a special edition of its Supervisory Highlights that it said reports on “unlawful” junk fees uncovered in deposit accounts and in multiple loan servicing markets, including in mortgage, student, and payday lending.
ALEXANDRIA, Va.–NCUA’s chairman is downplaying any threat to the agency’s existence as the result of a case currently before the Supreme Court.
WASHINGTON—Two senators are expressing concerns over two proposed rules issued by the Small Business Administration that would change regulations governing SBA's 7(a) Loan Program and 504 Loan Program and to allow fintech lenders to offer 7(a) loans.
WASHINGTON—The Cybersecurity and Infrastructure Security Agency (CISA) has published a Cybersecurity Advisory (CSA) detailing tactics, techniques, procedures (TTPs) and key findings from a 2022 assessment aimed at providing steps to take to reduce the threat from malicious cyber actors.
WASHINGTON–Origence Lending Services has set several goals this year, including addressing myths and informing credit unions of all it can do, including not just expanding loan markets but even becoming a CU’s entire loan department, according to one executive.
NEW YORK—The online credit card market known as BidenCash, which sells compromised payment card data, recently released for free details of two million payment cards as a publicity stunt, Bank Info Security reported.
BROOKLYN, N.Y.– NCUA has liquidated Inter-American Federal Credit Union here, the agency announced.