CFPB issues guidance on notifying applicants of credit denials when using AI
Creditors must provide accurate and specific reasons for denying loan applications even when those decisions were made using technology that...
Creditors must provide accurate and specific reasons for denying loan applications even when those decisions were made using technology that...
In a letter to Senate leaders, ABA expressed support for a proposed resolution of disapproval seeking to overturn the CFPB’s...
The Treasury Department published a set of nine voluntary principles to promote consistency among financial institutions that have made commitments...
The Consumer Financial Protection Bureau has announced the 2024 dollar amounts for the annual threshold adjustments for Regulation Z, which...
The Federal Reserve needs to implement measures to adequately address climate-related financial risk as its current efforts “fall short in...
ABA and 10 other associations representing banks and credit unions urged lawmakers to reject another attempt to attach the Credit...
A federal judge in Kentucky issued a nationwide injunction blocking enforcement of the Consumer Financial Protection Bureau’s Section 1071 final...
The U.S. is imposing nearly 100 new sanctions on Russian elites and its industrial base, financial institutions and technology suppliers...
Republicans on the House Financial Services Committee called on federal regulators to withdraw proposed capital requirements for banks with more...
A central bank digital currency is unnecessary in the U.S. and would present unacceptable risks and costs to the financial...
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