The CFPB is conducting supervisory research to collect five metrics from more than 20 institutions about the consumer impact of their overdraft and non-sufficient fund (NSF) practices. These consumer-impact metrics ...
The NCUA has told credit unions they can use the technology behind cryptocurrency as long as they follow NCUA principals to ensure compliance with existing regulations and don’t create undue ...
South Carolina adopts the South Carolina Uniform Transfers to Minors Act. The adoption of this law repeals South Carolina's existing Uniform Gifts to Minors Act. While sections of the new ...
Early this week FinCEN released that the comment period to the notice of proposed rulemaking requiring the reporting of beneficial ownership information has closed. This was the first in a ...
The California Privacy Protection Agency Board met this week to discuss the progress of the new California Privacy Protection Agency (CPPA) who is in charge of enforcing the California Privacy ...
The Consumer Financial Protection Bureau (CFPB) released a statement on January 26th, 2022, announcing an initiative to address “exploitative junk fees” being charged to consumers in deposit and lending transactions. ...
The Consumer Financial Protection Bureau (CFPB) recently issued additional FAQs and guidance on Reg E. The Bureau frequently provides a list of commonly asked questions and answers on particular topics ...
The CFPB recently released additional overdraft data that financial institutions continue to rely on overdraft and non-sufficient funds (NSF) fees as part of their revenue stream. Specifically, researchers estimated in ...
New York passed a law that requires banking institutions to pay checks in the order they are received or pay checks from the smallest to largest dollar amount for each ...
Oregon, with immediate effect, allows remote witnessing. Notable requirements for a remote witness to sign include being in the “electronic presence” of the signer and a review of the signer’s ...