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December

13
2023
Industry News

CFPB Ombudsman’s Report Provides Feedback on Complaint Website and Post-Examination Survey Format

Consumer Financial Protection Bureau Ombudsman Wendy Kamenshine issued the office’s 2023 Annual Report (PDF) on Dec. 1, outlining a variety of issues for consumers and regulated entities in financial services and other industries.

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December

13
2023
Industry News

CUNA, NAFCU announce 2024 event lineup

As members of CUNA and NAFCU last month approved the merger of the two organizations to form America’s Credit Unions, the associations have released the 2024 event lineup. All credit union members can attend the events at member pricing.

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December

13
2023
Industry News

MyPoint Credit Union Receives Corporate Philanthropy of the Year Award!

SAN DIEGO, Dec. 12, 2023 /PRNewswire/ -- MyPoint Credit Union, a leading financial institution dedicated to serving the community, proudly announces its receipt of the Corporate Philanthropy Award from the North County Philanthropy Council on November 3rd. This prestigious recognition reflects the organization's exceptional commitment to community development and financial literacy education. The award underscores the collective efforts of the dedicated team at MyPoint Credit Union, highlighting its success in making a meaningful impact in our community.

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December

13
2023
Industry News

CFPB Issues Notice of Proposed Rulemaking on Open Banking

The Consumer Financial Protection Bureau (the “CFPB”) recently issued a Notice of Proposed Rulemaking to implement Section 1033 of the Dodd-Frank Act (“Section 1033”). Section 1033 generally requires covered persons to make information concerning a financial product or service that a consumer has obtained from such person available to the consumer, subject to CFPB rulemaking

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December

13
2023
Compliance

FCC Proposes New, Stricter TCPA Rules That Would Limit Lead Generation to One-Company Consent

On November 22, 2023, the FCC released a Second Report and Order, Further Notice of Proposed Rulemaking, and Waiver Order (Report and Order) outlining new, proposed rules implementing the Telephone Consumer Protection Act, 47 U.S.C. § 227, et seq. (TCPA). The proposed rules (Proposed Rules) are set for consideration at the Commission’s December 13, 2023 meeting and, if adopted, could take effect as soon as six months thereafter.

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