Court ruling reduces the reporting threshold for closed-end mortgage loans from 100 to 25.
Proposed rule seeks to close loophole exploited by companies to hike fees with inflation.
A CFPB proposal aims to eliminate screen scraping by requiring banks to establish APIs, standardized software widely regarded as a more secure way to connect consumers’ accounts to financial apps.
In an age when most people access banking through digital channels, is there a future for old-school relationship lending? This podcast episode from the FDIC discusses whether the explosion of financial technology spells the end of human-to-human banking.