Daylight Saving Time has officially ended, and we’ve returned to Central Standard Time (CST). Ensure that all time zone references on your Loan Estimates, when disclosing the expiration date and [...]
June 15th was World Elder Abuse Awareness Day, serving as a reminder to financial institutions of the vital role they play in protecting older adults from financial exploitation. As trusted [...]
In April, the FDIC, Federal Reserve, and OCC, withdrew supervisory guidance, and two joint statements previously issued on crypto-asset-related activities. You can read the press release here. The agencies have advised [...]
January 9, 2025, is declared a National Day of Mourning in honor of the passing of President Jimmy Carter. For Regulations Z and CC purposes, the National Day of Mourning [...]
The CFPB has released the final rule implementing Section 1033 of the Dodd-Frank Act requiring banks with over $850 million in assets to make a consumer’s financial information available to [...]
The ABA Check Fraud Claim Directory has been updated and is now called the ABA Fraud Contact Directory. The enhanced resource allows banks to connect with other institutions to address [...]
With the Equifax data breach that exposed the personal information of 147 million Americans in 2017 and the NationalPublicData.com breach in headlines the past two weeks, it is safe to [...]
This cat doesn’t have nine lives. The FFIEC recently announced that its member agencies (FRB, FDIC, OCC, CFPB, NCUA, and State Liaison Committee) will sunset the Cybersecurity Assessment Tool (CAT) [...]
American Bankers Association (ABA) has launched an online directory to help banks resolve check fraud claims efficiently. This directory provides contact information for banks needing to file a check warranty [...]
As we are all aware, the FDIC originally issued supervisory guidance on multiple re-presentment NSF fees in August 2022, suggesting a two-year lookback and possible restitution. This month, the FDIC [...]