The federal consumer financial protection agency on Thursday completed action initiated in 2016 by issuing a final rule on its own disclosure of records and information that is scheduled to take effect Dec. 24. The […]
Detailed noncash payments data from the 2019 Federal Reserve Payments Study (FRPS) shows that the number of check payments from 2015-2018 declined at a faster pace than reported last December but that the decline in […]
Social Finance, Inc., this week obtained preliminary approval of its application to establish a full-service national bank – to be named SoFi Bank, National Association, and based in Utah – from the Office of the […]
A proposal outlining and confirming federal financial institution regulators’ use of supervisory guidance for regulated institutions was issued for a 60-day comment period, the regulators announced Thursday. In individual press releases, the federal banking agencies, […]
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