ABI Blog Exchange

2021-03-02
Rohit Chopra, President Biden's pick to lead the Consumer Financial Protection Bureau, told a Senate panel he would do more to protect veterans from foreclosure, empower consumers to dispute data on their credit records and crack down on student-l

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2021-03-02
The industry will have to contend with thin margins on either side of the aisle in Congress and new priorities from regulators, experts said in a panel discussion held as part of CUNA's online Governmental Affairs Conference.

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2021-03-02
For the second time in three years, the Cleveland thrift has received a low score on its Community Reinvestment Act examination for making too few home loans in low-income communities.

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2021-03-02
Cold, hard cash is inevitably going away. Banks have a responsibility to help consumers who don’t have smartphones or even email addresses be prepared, says Shawn Rose, chief digital officer of Scotiabank.

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2021-03-02
JPMorgan Chase is marketing big blocks of office space in Manhattan as companies reevaluate their need for real estate amid the COVID-19 pandemic, according to people with knowledge of the matter.

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2021-03-02
Less than half of consumers believe financial services providers adequately protect their personal information, according to an Arizent survey.

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2021-03-02
The overwhelming success of Square’s bitcoin trading service creates new opportunities for its bank to work with underserved markets.

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2021-03-02
How consumer attitudes toward privacy threaten to overturn long-standing industry assumptions about customer data and personalization.

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2021-03-02
The new directors are Ime Archibong, whose team builds and tests mobile apps at Facebook, and Craig Williams, president of the Nike product line named after former NBA superstar Michael Jordan.

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2021-03-02
Sens. Elizabeth Warren and Sherrod Brown urged regulators not to give in to industry requests to extend a temporary policy easing compliance with the supplementary leverage ratio.

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2021-03-02
An industry founded to provide affordable financial services to those of modest means needs to do a much better job of recruiting Black, Latino and other minorities to the workforce and the member base.

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2021-03-02
On March 2, 2021, CMC II, LLC of Maitland, FL, along with several affiliates, filed a petition for relief under Chapter 11 of the Bankr
2021-03-02
On March 2, 2021, CMC II, LLC of Maitland, FL, along with several affiliates, filed a petition for relief under Chapter 11 of the Bankr
2021-03-02
By Lara Martin Associate, Bernstein-Burkley, P.C. Keri Ebeck Partner, Bernstein-Burkley, P.C. The recently enacted Consolidated Appropriations Act of 2021 (“CCA 2021”) affects many provisions of the bankruptcy code, including a …

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2021-03-02
By Lara Martin Associate, Bernstein-Burkley, P.C. Keri Ebeck Partner, Bernstein-Burkley, P.C.

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2021-03-02
The Federal Reserve is intensifying its scrutiny of banks' efforts to shed their reliance on the London interbank offered rate, and has begun compiling more detailed evidence on their progress, according to multiple people with knowledge of the ma

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