What seems to have become a perennial topic for regulators, the Office of the Comptroller of the Currency (OCC) recently released OCC Bulletin 2023-37 to assist national banks and federal savings banks with effectively managing the risks posed by “Buy Now, Pay Later” (BNPL) lending
SILVER SPRING, Md., Dec. 11, 2023 /PRNewswire/ -- FedFinancial Federal Credit Union (FedFinancial FCU), a credit union serving federal employees and their family members in the Washington DC and Baltimore areas, announced that it has added SpendFlex, its branded Buy Now, Pay Later (BNPL) solution, to its suite of online banking products.
(Hartford, CT) – Attorney General William Tong joined with FCC Chairwoman Jessica Rosenworcel to announce a new initiative to strengthen and formalize the cooperation between the FCC and the states of Connecticut, Illinois, New York, and Pennsylvania on privacy, data protection, and cybersecurity enforcement matters.
On October 27, 2023, the Federal Trade Commission (“FTC”) approved an amendment to the Safeguards Rule that requires non-banking financial institutions (e.g., mortgage companies, mortgage brokers, and creditors) to notify the FTC when certain data breaches and other security events occur.
Texas Attorney General Ken Paxton is warning citizens that scammers are sending fraudulent emails using his name, signature, and the Office of the Attorney General (“OAG”) Seal to obtain sensitive personal information.
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