Argus Information & Advisory Services Inc. (Argus) has agreed to pay the United States $37 million to resolve claims under the False Claims Act and the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA), in connection with its access to and use of credit card data obtained pursuant to contracts with various federal regulators, including the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (FRB) and the Consumer Financial Protection Bureau (CFPB).
It’s true, oversight of Repo Agents and Forwarders can be fun for everyone. Auditing is a critical component of oversight; however, oversight is much broader. Oversight includes collaboration between all parties, including the Creditor, Repo Agent/Forwarder, and Auditor.
The Federal Reserve’s FedNow® Service launched in July 2023, enabling eligible U.S. depository institutions of various sizes to build and deliver instant payment solutions for the people they serve.
On February 21, the Minnesota Attorney General settled an action against executives of a Montana-based tribal lender for alleged predatory lending practices.
San Diego, CA, March 11, 2024 --(PR.com)-- California Coast Credit Union has received official recognition as a Great Place to Work following certification by a national workplace assessment organization.
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