ABA members get a discount for FinovateFall

Compliance QOTM answers a question regarding a new vendor’s online account opening platform and its non-compliance with Regulation DD.

The Office of Foreign Assets Control announced the following sanctions action last week.

The American Bankers Association filed a coalition amicus brief urging the First Circuit to affirm the NBA preempts Rhode Island’s IOE law.

ABA filed a coalition amicus brief urging the Tenth Circuit to affirm the District Court of Colorado’s preliminary injunction preventing Colorado from enforcing its “rate opt-out law.”

VyStar Credit Union agreed to pay $1.5 million to resolve the CFPB’s allegations that the botched rollout of its online banking platform caused customers to lose access to their accounts.

Navy Federal agreed to pay $95 million to resolve CFPB allegations claiming it illegally charged its customers unanticipated overdraft fees.