Executives from the UK-based World First Group says American market is an oligopoly, dominated by one or two big banks in each market.
Finance website predicts the CFPB will require institutions to prove ability to repay before offering overdraft protection.
Consumer Financial Protection Bureau details incidents of “unscrupulous lenders” not honoring Electronic Fund Transfer Act.
Several organizations have weighed in on the CFPB's proposed changes to prepaid card governance.
Collingwood Group report cites the number of new regs and vague language as particularly troublesome.
Jim Nussle discusses a range of credit union issues with CFPB Director Richard Cordray.
Federal Reserve's OIG critical of supervision efficiency, HQ renovation and data security.
How will the CFPB change debt collection practices?
Read about CFPB collections scrutiny, outsourcing, retiree debt and more in this Focus Report.
Going outside the credit union's walls helps some get much-needed collection expertise.