NY Fed: Consumers Anticipate Higher Spending Growth, Lower Income
Americans’ expectations for how much more they will spend in the next year rose in September to 3.7 percent from...
Newsbytes
ABA Urges CFPB to Protect Small-Dollar Loans by Banks
The Consumer Financial Protection Bureau should preserve and expand the role banks play in providing small-dollar credit to customers --...
Brainard: Fed Reviewing Blockchain Use Cases
The Federal Reserve has convened a working group on distributed ledger technology, commonly known as blockchain, to review its uses...
Agencies Update Exam Procedures to Incorporate MLA Updates
The federal banking agencies today issued updated interagency examination procedures for the amendments to the Military Lending Act rule, which...
ABA: Moratorium on Animal Facilities Lending Must Be Lifted
ABA wrote to members of Congress and the heads of the heads of the Farm Service Agency and the U.S....
Bankers Anticipate ‘Substantial’ Changes As a Result of CECL
Eighty-three percent of bankers say that implementing FASB’s Current Expected Credit Loss standard will require substantial changes to policies, procedures...
Treasury’s Raskin Calls for ‘Dynamic’ Authentication
Noting that cybersecurity challenges continue to grow, Deputy Treasury Secretary Sarah Bloom Raskin today called for “better solutions” to customer...
BofA Survey: Young Adults Link Financial Independence with Adulthood
Young Americans -- those aged 18 to 26 -- are increasingly associating the concept of “adulthood” with financial independence, according...
