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What's up
  • [ September 8, 2026 ] Cannabis businesses still having trouble obtaining banking services, report finds Other
  • [ September 4, 2026 ] Targeting order for currency transaction reporting by MSBs along Southwest Border renewed Other
  • [ September 4, 2026 ] FinCEN issues alert, seeks FI vigilance against digital asset investment scams Other
  • [ September 4, 2026 ] Economic activity rose in August, but ‘heightened uncertainty’ linked to energy prices, Iran war persists The Fed
  • [ September 3, 2026 ] Public banks’ annual financial disclosures should be reviewed by SEC, GAO decides; SEC says ‘not it’ FDIC
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CFPB

Mulvaney: Congress must enact four changes in law for CFPB to curb power, provide accountability

April 2, 2018 0

Calling the agency he oversees “too powerful with precious little oversight,” the acting director of the federal consumer financial protection agency on Monday recommended four changes to the law that created the agency, with the […]

FDIC

Banking regulators raise appraisal threshold to $500K for CRE transactions; first increase in 24 years

April 2, 2018 0

A final rule increasing the appraisal threshold from $250,000 to $500,000 for commercial real estate (CRE) transactions – the first increase in nearly a quarter century – was released Monday by the federal banking regulators; […]

CFPB

Complaints about credit reporting take over as top consumer grievance in 2017 (overpowering debt collections)

April 2, 2018 0

Complaints about credit or consumer reporting made up nearly one-third (31%) of the 320,000 grievances received 2017 by the federal consumer financial protection agency, the most of one category received, according to a report from […]

CFPB

Consumer bureau adopts mark which ‘aligns with seals of other federal regulators,’ will be used more in coming months

April 2, 2018 0

Following an action taken late last year by the federal credit union regulator, a new seal has been adopted by the federal consumer financial protection agency which reflects, the agency says, its mission and the […]

Today

  • New FAQs focus on permissible use of state-issued mobile drivers’ licenses for customer ID verification

    September 8, 2026 0
    Financial institutions may use state-issued mobile driver’s licenses (mDLs) and other government-issued digital credentials for ID verification under the Bank Secrecy Act (BSA)/anti-money laundering (AML) customer ID program (CIP) rule, federal regulators said Tuesday. Treasury’s Financial Crimes Enforcement Network (FinCEN) [...]
  • Cannabis businesses still having trouble obtaining banking services, report finds

    September 8, 2026 0
    Banks still hesitate to provide services to cannabis businesses due to legal issues and costs, according to a report issued Tuesday by the congressional watchdog. And, according to the Government Accountability Office (GAO), although more banks have started serving the [...]
  • Targeting order for currency transaction reporting by MSBs along Southwest Border renewed

    September 4, 2026 0
    A geographic targeting order (GTO) requiring money services businesses (MSBs) along the Southwest Border to file additional currency transaction reports (CTRs) was renewed and accompanied by updates to frequently asked questions. The order, issued by Treasury’s Financial Crimes Enforcement Network [...]
  • 2 banks rated ‘needs to improve,’ 2 ‘outstanding’ in FDIC’s latest CRA ratings list

    September 4, 2026 0
    Of the 37 banks that received evaluation ratings under the anti-redlining Community Reinvestment Act (CRA) in June, two were rated “needs to improve” and two were deemed “outstanding,” their federal regulator said. The Federal Deposit Insurance Corp. (FDIC) list shows [...]
  • FinCEN issues alert, seeks FI vigilance against digital asset investment scams

    September 4, 2026 0
    Financial institutions are urged to be vigilant against digital asset investment scams perpetrated by overseas scam centers in a recent alert from Treasury’s financial crimes enforcement arm. The Financial Crimes Enforcement Network (FinCEN), in a release Thursday, pointed to a [...]
  • Economic activity rose in August, but ‘heightened uncertainty’ linked to energy prices, Iran war persists

    September 4, 2026 0
    Economic activity increased, slightly to moderately, in 10 to 12 Federal Reserve districts since early July through August, the agency said Wednesday in its latest semi-monthly report on economic conditions. However, the Beige Book also noted, although the general economic [...]

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