The Financial Crimes Enforcement Network today issued guidance on highlighting the regulatory expectations for nonbank sellers of prepaid cards. The guidance — which addresses frequently asked questions related to non-bank prepaid card offerings — supplements previous guidance issued by FinCEN in 2011.
Total nonfarm payroll employment rose by 254,000 in September and the unemployment rate edged down to 4.1%, the U.S. Bureau of Labor Statistics reported. Employment continued to trend up in food services and drinking places, health care, government,...
The number of alleged consumer protection violations and financial offenses increased in the first half of 2024, although the total fines assessed dropped dramatically.
Hiring rose in September with nonfarm payrolls adding 254,000 jobs over the month. Meanwhile, the unemployment rate ticked down slightly to 4.1%.
Agencies announce 2025 dollar thresholds used to determine whether certain transactions are subject to protections under Regulation Z and Regulation M, or are higher-priced mortgage loans subject to special appraisal requirements.
Miami is often described as the northernmost city in Latin America, or sometimes as Latin America's business capital. Banesco USA Cali Garcia-Velez discusses how he and his team are growing a Latino banking franchise in South Florida.
The rate for a 30-year fixed-rate mortgage averaged 6.12% this week. The rate for a 15-year fixed-rate mortgage averaged 5.25%.
