| Bank Newswatch |
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| Student Loan Borrowers Will Struggle With Repayment, CFPB Warns |
| 08 Jun 2023 20:00:03 UT |
| After more than three years on the back burner, monthly federal student loan payments will finally resume 60 days after June 30 — and 1 in 5 borrowers could struggle when that happens, according to a... |
| Citigroup Disbands Global FX Strategy Team, Signals Major Structural Changes |
| 08 Jun 2023 19:39:50 UT |
| Citigroup Inc (NYSE: ) has reportedly disbanded its CitiFX global FX strategy team responsible for providing commentary and analysis on foreign exchange (FX) markets. Individuals who have left or... |
| Fintech as a Force for Good: 2022 Ripple Impact Report |
| 08 Jun 2023 19:52:07 UT |
| Immediately, Ripple is publishing its inaugural 2022 Ripple Impact Report. For the reason that program was established in 2018, Ripple Impact has targeted on being a drive for constructive change for... |
| TD Bank CEO 'confident' of resolving issues tied to First Horizon deal collapse |
| 08 Jun 2023 18:08:38 UT |
| (Reuters) – TD Bank Group CEO Bharat Masrani said he was confident the bank, Canada’s second biggest lender, would resolve issues with regulators that led to the collapse of its planned $13.4 billion... |
| Rising demand for renewables will pressure debt financing, bankers say |
| 08 Jun 2023 19:13:41 UT |
| The increasing flow of renewable energy debt deals and larger transaction sizes spurred by the US Inflation Reduction Act (IRA) will stress the banking sector, industry experts said June 7 during a... |
| Pennsylvania appellate court finds no state court standing to bring FACTA claim based solely on statutory violation |
| 08 Jun 2023 18:55:48 UT |
| In its 2016 decision in Spokeo v. Robins, the U.S. Supreme Court held that a plaintiff alleging a Fair Credit Reporting Act violation does not have standing under Article III of the U.S. Constitution... |
| Federal banking agencies issue final interagency guidance on risk management in third-party relationships |
| 08 Jun 2023 18:42:29 UT |
| The Federal Reserve, FDIC, and OCC have released final interagency guidance for their respective supervised banking organizations on managing risks associated with third-party relationships,... |
| CFPB Takes Action Against Phoenix Financial Services for Illegal Medical Debt Collection and Credit Reporting Practices |
| 08 Jun 2023 18:45:24 UT |
| WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) took action against medical debt collector Phoenix Financial Services (Phoenix) for numerous debt collection and credit reporting... |
| Will the FDIC Raise the Deposit Insurance Limit? |
| 08 Jun 2023 14:00:47 UT |
| The Federal Deposit Insurance Corp. (FDIC) has proven to be a vital form of protection, as we saw earlier this year. In March, Silicon Valley Bank failed, followed quickly by Signature Bank. The FDIC... |
| Banking Expert Kerry Cantley Joins Mitek as VP of Digital Banking Strategy |
| 08 Jun 2023 18:20:10 UT |
| Mitek , whose mission is to make digital access faster and more secure, has named experienced banking veteran Kerry Cantley Vice President of Digital Banking Strategy. “Mitek’s name is known and... |
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