ABA Expresses Concern about Using Alternative Data for Credit Scoring
Banks are generally open to the idea of using alternative data sources -- such as mobile phone bills and rent...
Compliance and Risk
Sens. Tester, Moran, Heitkamp Introduce Bill Easing Stress Test Burden
Sens. Jon Tester (D-Mont.), Jerry Moran (R-Kan.) and Heidi Heitkamp (D-N.D.) yesterday introduced a bill that would provide relief from...
A Marketing Compliance Social Alliance
By Sarah Oliver, CRCM
ABA Urges SEC to Withdraw, Revise Secondary Muni Market Disclosure Proposal
Expressing support for disclosure requirements for direct loans and purchases in the secondary municipal securities market, ABA expressed concern today...
Top Risks for Banks in 2017
With interest rates on the rise and new leadership in D.C., risk conditions on the ground are considerably different today...
HUD Seeks Industry Feedback on Regulatory Burden
Implementing the president’s executive orders on regulatory reform, the Department of Housing and Urban Development is seeking public and industry...
CFPB Seeks Information on Small Business Lending Market
As it prepares to implement Section 1071 of the Dodd-Frank Act, the Consumer Financial Protection Bureau this morning issued a...
FinCEN Recognizes Law Enforcement Successes Resulting from BSA Reporting
At its third annual Law Enforcement Awards ceremony today, the Financial Crimes Enforcement Network recognized several state and federal law...
Nichols: Reg Relief is About Helping Customers, Communities
As the banking industry continues to work toward the goal of regulatory relief, ABA President and CEO Rob Nichols today...
House Republicans Press Yellen on CCAR Transparency, Efficiency
A group of House Republicans led by Reps. Blaine Luetkemeyer (Mo.) and Keith Rothfus (Pa.) today wrote to Federal Reserve...
