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CFPB issues guidance on ‘zombie mortgage’ collection tactics

The Consumer Financial Protection Bureau issued guidance on debt collectors threatening to foreclose on homes with mortgages past the statute of limitations.

Apr 27, 2023
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Article
Compliance

OFAC sanctions individuals for cyber efforts supporting North Korea

The Treasury Department’s Office of Foreign Assets Control sanctioned three individuals for supporting North Korea via illicit financing and malicious cyber activity.

Apr 25, 2023
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Article
Cybersecurity

Interview discusses how to control FedNow fraud

In a new Payment Security interview, ICBA Bancard Executive Vice President and Chief Operating Officer Rebecca Kruse discusses how community banks can put anti-fraud controls in place to prepare...

Apr 25, 2023
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Article
Fraud

Treasury calls for response to de-risking

The Treasury Department issued a strategy on de-risking, which occurs when financial institutions terminate or restrict business relationships indiscriminately with broad categories of customers...

Apr 26, 2023
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Article
Compliance