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June

12
2023
Industry News

If your bank texts you to warn you of a fraudulent charge, that's likely a scammer, FTC warns

Nearly all of us have had gotten messages from our banks telling us that a recent transition looks suspiciously fraudulent. But it can be dangerous to respond to them, as scammers are increasingly using these messages to commit fraud.

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June

9
2023
Trends

Credit Union Lending, Assets, Insured Shares Continue to Grow

ALEXANDRIA, Va. (June 8, 2023) – According to the latest financial performance data released today by the National Credit Union Administration, total loans outstanding in federally insured credit unions increased $229 billion, or 17.6 percent, over the year ending in the first quarter of 2023, to $1.53 trillion.

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June

9
2023
Industry News

New York Legislature and Enforcement Agencies Remain Active on the Data Privacy and Security Fronts

At the start of 2023, the New York State legislature introduced several privacy-related bills. One of those bills, S365, appears to be gaining momentum. It was reported and committed to the Internet and Technology Committee on April 25, was amended on May 18, and was further amended and recommitted to the Finance Committee on June 4.

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June

9
2023
Trends

Semi-Annual Report of the Consumer Financial Protection Bureau

The Bureau of Consumer Financial Protection is pleased to present our Semi-Annual Report to Congress for the period beginning April 1, 2022 and ending September 30, 2022.

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June

9
2023

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