News

CFPB Mobile Financial Services Discussion

Posted June 10, 2014

On June 11, 2014, the Consumer Financial Protection Bureau announced that it is launching an inquiry into mobile financial services, focusing on how the use of these technologies are impacting underserved consumers with limited access to the banking system.

Federal Reserve Nominees

Posted June 10, 2014

Nominees for the Federal Reserve Board cleared a procedural hurdle in the United States Senate, and they are expected to be confirmed today, Thursday, June 12.

CFPB Delays Timetable for Prepaid Card Rule

Posted June 10, 2014

The Consumer Financial Protection Bureau previously estimated that it would propose prepaid card rules in “the coming weeks,” projected for mid-June.

NACHA Government Relations Update

Posted June 1, 2014

NACHA’s Government Relations update provide insights to policy matters, at the federal and state level, that could impact the ACH Network.