Overwhelming Majority Believe Fraud Risk is Increasing: Here’s What That Means 11/26/2019 07:49 pm MIAMI/BOSTON–A new survey finds half (46%) of Americans admit they have been a victim of fraud, and nearly all (92%) think the risk of fraud is increasing in their day-to-day activities.
Canada’s Biggest Bank to Deploy Cryptocurrency Trading Platform; Cross-Border Payments Platform Enhanced 11/26/2019 07:47 pm TORONTO—Canada’s largest bank, the Royal Bank of Canada (RBC), will likely deploy a cryptocurrency trading platform the company said will include many use-cases for its customers.
CFPB Issues Clarification On Rules for Loan Originators With Temporary Authority 11/26/2019 07:49 pm WASHINGTON–– The Consumer Financial Protection Bureau has issued an interpretive rule clarifying screening and training requirements for financial institutions that employ loan originators with temporary authority. The rule became effective on Nov. 24, 2019.
CFPB Seeks Summary Judgement in Suit Alleging It Violated APA 11/26/2019 07:47 pm WASHINGTON—The CFPB is seeking summary judgment in a lawsuit brought against it for allegedly violating the Administrative Procedures Act (APA).