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What's up
  • [ December 22, 2025 ] 3 CFPB records systems under revision to allow Treasury payments screening access CFPB
  • [ December 22, 2025 ] Treasury, FinCEN target scores of MSBs along southern border for alleged money laundering activity Federal financial regulation
  • [ December 19, 2025 ] Debit, prepaid card transactions slowed down in 2021-23 – but interchange fees grew, Fed report finds The Fed
  • [ December 19, 2025 ] Fed wants comments on new payment account, ‘tailored’ to meet ‘limited needs’ of banks, credit unions The Fed
  • [ December 19, 2025 ] Banks’ Q3 trading revenue up 12.7% over year ago, OCC reports OCC
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Reg E

CFPB

Bureau seeks public comment on emerging payment mechanisms; proposes rule for how EFTA would cover

January 10, 2025 0

Requirements that apply to emerging payment mechanisms – such as those used in video gaming platforms — are the subject of a proposed interpretive rule issued Friday by the federal consumer financial protection agency. The […]

CFPB

COVID-19’s potential impact on remittances addressed in consumer bureau FAQs

June 2, 2020 0

No error arises under the remittance rule (contained in Regulation E) when funds aren’t delivered on time because of certain government-mandated closures of commercial activity – that is the gist of a set of three […]

CFPB

Interpretive rule will allow coronavirus relief payments to be issued by pre-paid card

April 14, 2020 0

Certain coronavirus relief payments from the government will not be considered “government benefits” and thus may be issued to consumers via prepaid cards, according to an interpretive rule issued Monday by the federal consumer financial […]

CFPB

Community Bank Council meeting to consider Reg E, debt collection, HMDA and more

May 8, 2018 0

A broad array of subjects – including the Home Mortgage Disclosure Act (HMDA), the Electronic Fund Transfer Act (Regulation E), debt collection, and mortgage origination – are on the agenda for the meeting of the […]

Today

  • 3 CFPB records systems under revision to allow Treasury payments screening access

    December 22, 2025 0
    Three notices of records system modifications by the Consumer Financial Protection Bureau (CFPB) would implement a March White House executive order that gives Treasury screening authority over payments by federal agencies. The notices, published Monday in the Federal Register and [...]
  • Treasury, FinCEN target scores of MSBs along southern border for alleged money laundering activity

    December 22, 2025 0
    Money services businesses (MSBs) operating along the southwest border of the country are the target of a new effort by the Treasury and its financial crimes enforcement unit to unearth alleged money laundering activity, the agencies said Monday. The Treasury [...]
  • Debit, prepaid card transactions slowed down in 2021-23 – but interchange fees grew, Fed report finds

    December 19, 2025 0
    Debit and general-use prepaid card transactions grew at a slower rate in the period 2021-23 than previous periods, the Federal Reserve said Friday, and interchange fees have been rising. In its biennial, statutorily mandated report on debit card transactions, summarizing [...]
  • Fed wants comments on new payment account, ‘tailored’ to meet ‘limited needs’ of banks, credit unions

    December 19, 2025 0
    A new “payment account” — tailored to meet the limited needs of eligible financial institutions seeking payments and settling services – is being considered by the Federal Reserve, and the agency said Friday it wants comments on the idea. In [...]
  • Banks’ Q3 trading revenue up 12.7% over year ago, OCC reports

    December 19, 2025 0
    U.S. commercial banks and savings associations had $18.4 billion in cumulative trading revenue in the third quarter of this year – $1.8 billion (10.9%) more than the previous quarter and $2.1 billion (12.7%) more than a year ago, the national [...]
  • Agency releases latest version of CECL accounting tool for use by small credit unions

    December 19, 2025 0
    The latest version of a tool for navigating current expect credit loss (CECL) accounting requirements for small, complex credit unions was released Thursday by the federal credit union regulator as part of a quarterly update. The tool is an option, [...]

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