What's next for the CFPB; community banks face AI risks
American Banker
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
After loss at Supreme Court, payday lenders vow to keep fighting CFPB: The payday loan industry is looking to extend its years-long legal fight with the Consumer Financial Protection Bureau. It's planning to ask a federal appeals court to revisit a ruling that upheld a proposed limit on how often payday lenders can try to pull money from their customers' accounts.
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BNP Paribas' Barbara Nash on her very early start in finance: The Climb. Nash, the head of tech, media and telecom coverage, has no intention of ending her four-decade career anytime soon.
Arizona credit union buying bank to expand in Phoenix: Pima Federal Credit Union in Tucson plans to buy Republic Bank of Arizona in a cash transaction slated to close in the second half of this year. It's the ninth deal in 2024 in which a whole bank would sell itself to a credit union.
Read more in bank moves: Another top NYCB executive hits the road as overhaul continues
Join us to learn about the Bank of the Future at our?Digital Banking Conference, June 24-25 in Boca Raton, Florida.
Community banks grapple with policies to cover hidden risks of AI: Community banks are in the early days of experimenting with AI and the earlier days of writing policies to govern its usage. It's key to do both at once.
Read more on AI: How Mastercard's using gen AI to combat payment disputes