Among the enduring promises of computer technology is that it would give the “little guys” — all those Davids struggling to compete in a world...
PHH Corporation has decided not to appeal a case that questioned the constitutionality of the Consumer Financial Protection Bureau (CFPB). According to American Banker, this...
With Congress ready to pass the first rewrite of the Dodd-Frank Act, U.S. banks are looking to revise or eliminate more than a dozen other...
The Consumer Finance Protection Bureau is seeking to impose fines – for a record amount – on Wells Fargo tied to the banking giant’s practices...
The Office of the Comptroller of the Currency (OCC) is getting ready to release its position on a proposed charter for online lenders and other...
The National Credit Union Administration’s (NCUA) defense of revisions to a field-of-membership rule isn’t sitting well with a federal judge — and that just might...
It’s no secret that legislation on Capitol Hill often gets mired in controversy and debate. And that’s especially true with a series of clashes over the...
Britain’s Financial Ombudsman Service (FOS) has been ordered to prove that the organization has thoroughly investigated customer complaints against banks. FOS handles complaints that customers...