Links in “Banks”
- The Delicate Dance of Tech Innovation and Security
The competition to be technologically innovative makes it a challenge to guarantee security, but that is the charge facing today's institutions. [10/4]
- “Compliance Culture” to be a Focus of Revised Approach to Fed Reserve’s Consumer Compliance Supervision
Consumer compliance examiners will place a greater focus on an individual bank's risk profile, including its "compliance culture." [10/4]
- 4 New Tests for Foreclosure Practices
National mortgage settlement head issues four new tests that servicers will have to pass in order to comply with the terms of the 2012 agreement. Here's what they are. [10/4]
- Sticker Shock: New Flood Insurance Premiums Took Effect 10/1
Subsidies meant most flood insurance premiums were significantly below actuarial risk. That changed Tuesday. [10/3]
- The Dropbox Problem
When enterprise tools don't support working mobile, employees turn to consumer tools, such as Dropbox, which can mean that sensitive customer information can end up in an environment outside the enterprise's control. [10/3]
- Cyber Defense Efforts Take a Hit During Shutdown
With Congress tied up in partisan politics, the country's cyber defenses, which are badly in need of improvements, take a back seat. [10/3]
- Consumer Groups Press CFPB to Get Tougher on Credit Card Issuers
Groups at field hearing encourage CFPB to delve into the fine print, such as dispute resolution mechanisms, binding arbitration, choice of law, and unilateral modification provisions. [10/3]
- Years and Acquisition Don’t Shed Discrimination Issues
Capital One, which acquired Chevy Chase Bank in 2009, will pay $3 million to settle charges that the bank systematically charged minority borrowers higher mortgage rates from 2006 to 2009. [10/3]
- HMDA 2012 Is Out! Now What Do We Do with It?
Four items that should be on your next compliance committee meeting agenda. [10/2]
- Two Years Later: Are Retailers the Winners and Consumers the Losers Under Debit Card Interchange Rule?
Conflicting data suggests that consumers have seen $5.7 billion in savings due to lower interchange fees, while other reports show that retailers have earned $8 billion through the lower fees and have not passed on these savings to consumers; NAFCU refutes the studies that show that consumer have been the winners. [10/2]
