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Challenge to credit card late fee rule introduced in Senate

An ICBA-backed resolution to nullify the Consumer Financial Protection Bureau’s final rule to cut credit card late fees was introduced in the Senate.

Apr 09, 2024
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Article
Credit Cards

CFPB reports on credit reporting violations as it considers rulemaking

The Consumer Financial Protection Bureau issued a report on accuracy problems in the credit reporting system.

Apr 09, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

ICBA Capital Summit this month

Registration is open for the 2024 ICBA Capital Summit, the industry’s premier advocacy event slated for April 28-May 1 in Washington, D.C.

Apr 09, 2024
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Article

Hsu suggests banks should be liable for authorized transactions

Acting Comptroller of the Currency Michael Hsu indicated he supports requiring banks to reimburse customers tricked into sending money to fraudulent accounts.

Apr 05, 2024
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Article
Fraud