A coalition of financial organizations including the American Bankers Association, Electronic Payments Coalition, Consumer Bankers Association, and others, sent a joint letter to the Senate Committee on the Judiciary in opposition of the proposed Credit Card Competition Act.
Ahead of a hearing to examine how technology is shaping the future of finance, Chairman of the House Financial Services Committee Patrick McHenry (NC-10) and Ranking Member Maxine Waters (CA-43) have introduced two bipartisan measures.
The December issue of Independent Banker magazine, a publication by the Independent Community Bankers of America (ICBA), features this year's Best Community Banks to Work For.
A recent analysis by the Electronic Payments Coalition (EPC) has highlighted the significant economic impact that electronic payments will have on Cyber Monday, one of the biggest online shopping days of the year.
Capital One has been recognized for the second consecutive year as the leader in customer satisfaction among small business banking services by J.D. Power.
Navy Federal Credit Union has announced the recipients of its ROTC All-American Scholarship Program, recognizing outstanding students from the Air Force, Army, and Navy/Marine branches.
In a late-night post on his social media platform X, billionaire entrepreneur and incoming Department of Government Efficiency head Elon Musk made a bold declaration: “Delete CFPB. There are too many duplicative regulatory agencies.” Musk’s succinct yet striking comment has ignited a vital debate about the role and efficacy of the Consumer Financial Protection Bureau (CFPB) in modern America.
David Williams, president of the Taxpayers Protection Alliance (TPA) said it is “absolutely ridiculous” that “Congress has no oversight” of the Consumer Financial Protection Bureau (CFPB).
The Independent Community Bankers of America (ICBA) has expanded its relationship with Wolters Kluwer to include two new offerings: the BizFilings Beneficial Ownership Information Filing platform and OneSumX Reg Manager.
Bank of America Corporation has announced its plan to redeem the entire $2 billion principal amount outstanding of its 1.530% Fixed/Floating Rate Senior Notes, which are due in December 2025.
The Chairman of the House Financial Services Committee, Patrick McHenry, has announced an upcoming hearing titled "Innovation Revolution: How Technology is Shaping the Future of Finance."
The American Fintech Council (AFC) has called on the Federal Deposit Insurance Corporation (FDIC) to withdraw its proposed rulemaking on brokered deposits.
Next Thursday, Nov. 28 — Thanksgiving Day — marks one year since the Consumer Finance Protection Bureau (CFPB) ordered Bank of America to pay a $12 million penalty for “submitting false mortgage lending information to the federal government.”
Ranking Member Tim Scott from South Carolina has issued a statement regarding the nomination of Scott Turner as Secretary of Housing and Urban Development.