Study: Small Business Fraud on the Rise
Six in 10 lenders saw an increase in small and midsize business lending fraud over the past two years, according...
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Thurlow Describes Innovation Journey, Core Advocacy
In keynote remarks last night at the St. Louis Fed’s community banking research conference, bank CEO Julieann Thurlow outlined Massachusetts-based...
OCC Outlines Supervision Priorities for 2020
The OCC today released its bank supervision operating plan for fiscal year 2020, identifying what each of the agency’s supervisory...
FTC Finds Millennials Report Fraud at Higher Rates Than Older Adults
A Consumer Protection Data Spotlight released today by the Federal Trade Commission found that consumers in their 20s and 30s...
McWilliams: Core Processors ‘Must Evolve’
Highlighting consumer demand for seamless digital delivery of financial services, FDIC Chairman Jelena McWilliams today emphasized the role of core...
Fed’s Bowman Addresses Effects of Bank Consolidation on Communities
Localities that lost a bank headquarters in a merger saw declines in local charitable contributions and volunteer service, Federal Reserve...
Construction Spending Rate Rose Slightly in August
Construction spending increased 1.3 percent at a seasonally adjusted annual rate (SAAR) of $1,287.3 billion in August, according to the...
Manufacturing Sector Contracts Further in September
The ISM Manufacturing Index registered 47.8 points in September, down 1.3 percentage points from the previous month, according to the...
ABA Urges FDIC to Return Assessment Credits as Quickly as Feasible
ABA today welcomed the FDIC’s proposal to set how it applies deposit insurance assessment credits and urged the FDIC to...
GOP Lawmakers Urge CFPB to Extend Critical Remittance Rule Exception
With a key exception of the Consumer Financial Protection Bureau’s remittance rule set to expire in July 2020, a group...
