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CFPB planning standards for nonbank ‘buy now, pay later’ lenders

The Consumer Financial Protection Bureau said it is developing consumer protections for “buy now, pay later” products similar to those that apply to credit cards.

Sep 16, 2022
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Article
Compliance

A Note from the Chairman - Bancard Amplifies Our Voices

From digital transformation to the ramp up to instant payments with FedNow and beyond, payments have become the hot topic du jour. However, as community banking executives, we’re juggling multiple...

Sep 15, 2022
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Article
Payments

Increase Credit Card Income with Comprehensive Marketing Programs

Card programs make significant contributions to banks’ revenue through interchange fees, interest charges on credit card balances, and balance transfer fees. Large financial institutions with deep...

Sep 15, 2022
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Article
Payments

OCC announces chief climate risk officer

The OCC announced the appointment of Yue (Nina) Chen as chief climate risk officer. Chen will lead the agency’s Office of Climate Risk and development of climate risk management frameworks for the...

Sep 13, 2022
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Article
Climate