Finextra
DECEMBER 4, 2024
The Board of Governors of the Federal Reserve System (FRB), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Financial Crimes Enforcement Network (FinCEN), National Credit Union Administration (NCUA), Office of the Comptroller of the Currency (OCC), and state financial regulators issued a joint statement this (..)
PYMNTS
MAY 8, 2019
Credit union (CU) and bank trade groups are locked in another battle, this time arguing about oversight by the Consumer Financial Protection Bureau (CFPB). Government Accountability Office (GAO) that were “sharply critical of the adequacy of NCUA supervisory procedures, and the competency of NCUA examiners.”
Innovative Payments Association
FEBRUARY 24, 2025
As evidence of this, Rodney Hood, the former chairman of the National Credit Union Administration Board (NCUA) , was appointed to be the acting comptroller on Feb. Jonathan McKernan, the CFPB nominee, was nominated to head the CFPB on Feb. But that did not lead to him being nominated for the comptroller position.
Global Fintech & Digital Assets
JANUARY 12, 2024
Key Provisions The FAIR Exams Act would amend the Federal Financial Institutions Examination Council Act of 1978 in three primary ways: 1. 2] Banking as a Service (BaaS) is a model that enables fintechs and other non-bank businesses to connect with banks’ systems via application programming interfaces (APIs), allowing them to inte
The Fintech Times
NOVEMBER 4, 2024
US government agency, the Consumer Financial Protection Bureau (CFPB) has fined Florida-headquartered VyStar Credit Union $1.5million for failing to protect consumers during its ‘botched’ rollout of a new online banking system. Harper, chairman at NCUA.
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