payments study – Regulatory Report

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[ July 27, 2021 ] OCC raises profile of acting on climate change risk with appointment of risk officer, membership in global group OCC
[ July 27, 2021 ] Consumers start to borrow more, but not those at extreme ends of range CFPB
[ July 27, 2021 ] Digital assets RFI carries Sept. 27 comment deadline NCUA
[ July 27, 2021 ] CFPB response to COVID-19, lending on agendas for August advisory panel meetings CFPB
[ July 26, 2021 ] Credit unions urged to review CFPB final rule amending mortgage servicing rights in wake of pandemic NCUA

Fed supplemental data from 2019 shows faster decline in check payments, slower decline in value; more

October 29, 2020 0

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 […]

Fed: Use of card, ACH payments grew faster from 2015-2018 than in previous period

December 19, 2019 0

The latest in the Federal Reserve’s series of triennial studies on payments shows continuing, faster growth in the overall use of “core” noncash payment types – credit and debit cards, automated clearinghouse (ACH) system, and […]

OCC raises profile of acting on climate change risk with appointment of risk officer, membership in global group

July 27, 2021 0

Climate change and its impact on the risk it presents to national banks took a bigger role Tuesday with the appointment by the banks’ regulator of a climate change risk officer and membership in a global regulators’ group assessing “greening” [...]
Consumers start to borrow more, but not those at extreme ends of range

July 27, 2021 0

Consumer credit applications have returned to pre-pandemic levels, the federal consumer financial protection agency said Tuesday, with “prime” and “near-prime” consumers driving the recovery – but subprime and “deep subprime” consumer applications remain down. In a release, the Consumer Financial [...]
Digital assets RFI carries Sept. 27 comment deadline

July 27, 2021 0

Input from the public on the impacts of activities connected to digital assets and related technologies on federally insured credit unions, other entities, and the federal credit union regulator is due to the agency Sept. 27, according to a notice [...]
CFPB response to COVID-19, lending on agendas for August advisory panel meetings

July 27, 2021 0

Four advisory panels of the Consumer Financial Protection Bureau (CFPB) are set to meet publicly over a three-day period in August, three of them focusing on broad regulatory policy matters, recent bureau initiatives related to the COVID-19 recovery, and “trends [...]