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WASHINGTON—The Federal Financial Institutions Examination Council (FFIEC) Tuesday advised financial institutions, consistent with existing regulatory expectations, to actively manage the risks associated with interbank messaging and wholesale payment networks. 

NEW YORK–Any credit union that has ever made a loan is also familiar with the collections process. And while highly regulated CUs must comply with numerous laws related to collections, the same can’t be said for other collections companies, especially those that buy debt.

WASHINGTON – Rep. Jeb Hensarling’s (R-TX), the chairman of the House Financial Services Committee, has provided additional details on the alternative plan that he said he will put forward that would replace the Dodd-Frank Act and include regulatory relief.