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Fiserv chief nominated to lead Social Security

Frank Bisignano—chairman, president, and CEO of Fiserv, a global provider of payments and financial services technology solutions—was nominated by President-Elect Donald Trump to be commissioner of...

Dec 06, 2024
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Article
Government Banks

ICBA: CFPB’s 1071 rule exceeds its authority

The Consumer Financial Protection Bureau’s 1071 small-business rule exceeds the agency’s statutory authority and is arbitrary and capricious, ICBA said in a new court filing.

Dec 05, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

Agencies issue statement on financial exploitation of elderly

Five federal financial regulatory agencies and state financial regulators issued a joint statement to provide supervised institutions with examples of risk management that may be effective in...

Dec 05, 2024
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Article
Financial Crimes Enforcement Network (FinCEN)

OCC updates unfair practices booklet

The OCC issued version 1.1 of the “Unfair or Deceptive Acts or Practices and Unfair, Deceptive, or Abusive Acts or Practices” booklet of the Comptroller’s Handbook.

Dec 04, 2024
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Article
Compliance