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Fed’s Bowman: Credit union acquisitions indicate need for merger rethink
Federal Reserve Governor Michelle Bowman said the increase in credit union acquisitions of taxpaying community banks indicates regulators should rethink how they evaluate bank mergers.
Gooden-Welch Bill Prioritizes Big Box Retailers over Consumers
ICBA and other groups today sent a letter to House leaders warning that pending interchange legislation would reduce access to credit, increase security risks associated with credit card use, and...
CFPB looks to spur automated mortgage refinancing, forbearance
The Consumer Financial Protection Bureau requested feedback on ways to spur new mortgage products that streamline and automate loan refinancing.
Nacha announces framework to fight credit-push fraud
Nacha released a new strategy for payments industry participants to address scams that deceive consumers into sending payments to fraudsters under false pretenses.