CFPB Finalizes Proposed Six-Month Delay in Prepaid Rule 04/23/2017 04:24 pm WASHINGTON—The CFPB has finalized its proposed six-month delay for its prepaid rule, announcing the rule will take effect April 1, 2018.
Sex & Leadership? No, It’s Not About Harassment, But Instead Something Else, Says Podcast 04/26/2017 10:13 am LAS VEGAS–Sex is a titillating subject, and it is something many people have trouble talking about, but it has “surprising connections to leadership,” according to the latest edition of the Strategic Hotbox.
Frechette Named SVP of PSCU's Advisors Plus 04/26/2017 10:25 am ST. PETERSBURG, Fla.–PSCU has announced that Glynn Frechette has been named SVP of Advisors Plus, PSCU's division of strategic consultants and marketing experts.
ACH Volume Grew More than 5% During 2016 04/23/2017 04:25 pm HERNDON, Va. – Following four consecutive quarters of more than five-billion electronic payments in each quarter – a first for the ACH Network – overall volume in 2016 amounted to 25.6 billion transactions, according to new statistics released by NACHA — The Electronic Payments Association.
New Credit Scoring Model Set To Debut 04/23/2017 04:25 pm STAMFORD, Conn.—VantageScore Solutions is set to roll out a new credit scoring model that the company claims more accurately measures credit risk.
New Numbers Show Profits, Average Costs For Mortgage Brokers At Banks 04/23/2017 04:25 pm WASHINGTON–Profits are up at independent mortgage brokers at banks, according to the Annual Mortgage Bankers Association Performance Report.
…New Study Shows How Much Consumers Expect To Spend This Year 04/23/2017 04:26 pm STAMFORD, Conn.—Consumers worldwide are expected to spend 4.3% more this year on mobile phones, according to a new report that indicates many of the additional dollars will go toward premium devices.
St. Mary's Names Mayrand as SVP-Director of Residential Lending 04/26/2017 10:39 am MANCHESTER, N.H.— St. Mary’s Bank, the nation’s first credit union, is pleased to announce the appointment of Karen Mayrand to Senior Vice President, Director of Residential Lending.
What Is Cyber-Risk On Mobile Devices? Depends On How Much You Paid As… 04/23/2017 04:26 pm BOSTON—As crooks begin to zero in on mobile devices, consumers using lower-end phones are at greater risk of attack, a new report indicates.
CFPB Sues Loan Servicer for ‘Failing Borrowers at Every Stage’ 04/23/2017 04:27 pm WASHINGTON—The Consumer Financial Protection Bureau has sued one of the country’s largest nonbank mortgage loan servicers, Ocwen Financial Corporation, and its subsidiaries for “failing borrowers at every stage of the mortgage servicing process.”