WASHINGTON–Five senators have sent a letter to the CEO of U.S. Bank asking for more details about a fake accounts scandal at the bank that led to a $37.5 million fine from the CFPB.
Fresh Today
MADISON, Wis.–The Filene Research Institute will host a webinar today titled, “So you want to talk about…mergers.”
ATLANTA–Just days after news reports that Equifax had provided incorrect credit scores earlier this year to lenders, the company has been hit with a proposed class action lawsuit.
MADISON, Wis.–CUNA Mutual Group has released a new “What Matters Now” consumer research that explores multicultural and multigenerational consumer insights.
WASHINGTON–The Defense Credit Union Council (DCUC) has wrapped up its annual conference here.
YREKA, Calif.–Siskiyou Credit Union, which serves the area currently being hit by the McKinney Fire, is reaching out to other credit unions for assistance.
DALLAS–Early-bird pricing will end in two weeks for ALM First’s 2022 Financial Forum, which will be held in person on Sept. 25 – 28, at The Ritz Carlton-Bachelor Gulch in Avon, Colo., the company is reminding.
WASHINGTON—A top federal regulatory official is urging more financial institutions to implement multifactor authentication for all nonpublic systems.
WASHINGTON–The Government National Mortgage Association (Ginnie Mae or GNMA) has issued an amendment to its mortgage-backed securities guide that removes credit unions’ categorization as non-bank mortgage lenders and recognizes CUs as insured depositories regulated by a prudential regulator.
ALBANY, N.Y.—Popular investing app Robinhood Markets will pay New York financial regulators $30 million to settle findings that its cryptocurrency trading division had poor cybersecurity and failed to monitor for illegal transactions.