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Laura Donohue

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Kebede, Darwit

Dawit Kebede

WASHINGTON—The director of the CFPB has offered direction to credit unions on what could land them in the Bureau’s crosshairs on overdrafts, thoughts on fintech regulation, his views on credit card fees, and more.

MOSCOW—Russia’s Central Bank is not slowing down its efforts toward developing a central bank digital currency (CBDC), planning an official digital ruble rollout in a few years, a new report states.

ALEXANDRIA, Va. NCUA has released a new tool it said is designed to help small credit unions comply with the Financial Accounting Standards Board’s accounting standard on current expected credit lossl (CECL), which goes into effect for most credit unions at the start of 2023.