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WASHINGTON – Treasury has released a report on managing AI that cites opportunities and challenges the technology presents to the security and resiliency of the financial services sector.

WASHINGTON—With the  CFPB’s ongoing focus on fees, including overdraft pricing and credit card late charges, credit unions need to take a hard look at all of their fee income and their costs of doing business, according to Carrie Hunt.

WASHINGTON — A new forecast from the American Bankers Association’s Economic Advisory Committee (EAC), which is made up of the chief economists at major banks, sees the U.S. economy progressing along a soft-landing path.

CLARKSBURG, W.V.–A judge has ruled against Pentagon Federal Credit Union (PenFed) in a case involving a $5 fee for any member who makes an auto loan payment over the phone, ruling the credit union—because it accepts payments on the auto loan—qualifies as a “debt collector” under state law.

NEW YORK–The implications of the $30-billion settlement between Visa and Mastercard and U.S. merchants continue to be debated and discussed.