Retail/Marketing

FDIC Report Outlines Mobile Strategies for Banking the Underserved

As part of its broader effort to identify ways mobile banking can help meet the needs of the unbanked and underbanked, the FDIC today released a report identifying possible strategies for financial providers. The FDIC report is based on focus groups conducted with unbanked or underbanked people, as well as interviews with industry executives and consumer advocacy groups. The six ...

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CFPB Updates Rulemaking Agenda for Remainder of Year

The Consumer Financial Protection Bureau today updated its rulemaking agenda for the remainder of 2016. According to the agenda, the bureau expects to issue final rules on consumer protections for prepaid cards and on mortgage servicing early this summer.

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CFPB Proposal Would Undermine Benefits of Arbitration

The Consumer Financial Protection Bureau today released a proposal that would prohibit customers from waiving their ability to participate in class action suits and limit drastically the use of mandatory arbitration agreements for financial products and services.

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