Links in “Banks”

The recently released diversity standards of Dodd-Frank are drawing sharp criticism from members of Congress and civil rights advocates. Maxine Waters (D-CA) calls the new standards little more than "lip service" to diversity issues. [6/25/15]

From under $1 billion last year to an estimated $1.56 billion in 2019, the global anti-money laundering software market is expected to see steady global growth. [6/25/15]

A senior equal employment specialist in the CFPB's Office of Civil Rights is scheduled to testify today before Congress. "Never until my employment at the CFPB have I witnesses such blatant and willful disregard for the law, merit systems principles, and the well-being of its employees." [6/25/15]

Following its announcement on June 17 of a two-month delay of the effective date of the new TILA-RESPA Integrated Disclosures rule to Oct. 1, the CFPB has announced an additional two-day delay to Oct. 3, a Saturday. [6/25/15]

The CFPB is "extremely concerned" about lingering compliance failures one year after its mortgage servicing rules went into effect. [6/24/15]

Cybercriminals are upping their game in attacks targeting financial institutions. [6/24/15]

The two-month delay of the effective date of the TILA-RESPA Integrated Disclosure date was clearly welcomed by the industry. What is less clear is whether the CFPB's earlier pledge to be "sensitive" to the good faith efforts to comply with the new rules will still apply. [6/24/15]

Borrowers who search such phrases as "student loan relief" are shown ads for potentially illegal schemes, such as websites that charge more than $500 in upfront fees. [6/24/15]

A subcommittee of the House Financial Services Committee will investigate allegations that the CFPB discriminated against employees and then retaliated against whistleblowers. [6/23/15]

The CFPB reports it has received 34% more private student loan complaints than last year, not surprising given its efforts over the last year to stimulate complaints. [6/23/15]