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March

3
2023
Industry News

Report on the Home Mortgage Disclosure Act Rule Voluntary Review

This report contains the findings of the Bureau’s voluntary review of the final rule on the Home Mortgage Disclosure Act the Bureau issued in October 2015 (2015 HMDA Final Rule) and related amendments (collectively, the HMDA Rule). Section 1022(d) of the Dodd-Frank Act requires the Bureau to conduct an assessment of each significant rule or order adopted by the Bureau under Federal consumer financial law.

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March

3
2023
Strategy

More automation, not just additional tech talent, is what is needed to stay ahead of cybersecurity risks

The turbulence in tech — layoffs, slowing growth, and the hype and hope of AI tools like ChatGPT — is a reality for firms big and small. And as digital technologies become more prevalent across every type of company, there’s little doubt that CISOs are at the center of all this uncertainty.

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March

3
2023
Industry News

Justice Department Sues Jacksonville, North Carolina-based Goines Towing Company For Violating Rights of Servicemembers

The Justice Department today filed a lawsuit in the Eastern District of North Carolina alleging that Billy Joe Goines, the owner and operator of Goines Towing & Recovery (Goines), auctioned off, sold or otherwise disposed of motor vehicles owned by servicemembers using court judgments obtained without filing proper military affidavits, in violation of federal law.

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March

3
2023
Trends

US Consumers Received 4.3 Billion Robocalls in February, According to YouMail Robocall Index

IRVINE, Calif., March 3, 2023 /PRNewswire/ -- US consumers received just over 4.3 billion robocalls in February, staying within the range of 4.2 billion and 4.7 billion calls per month we have seen since last August. The February volume marked a 4.0% decrease from January's volume.

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March

3
2023
Industry News

What Now for Crypto Banking?

Crypto banking is in a mess. The collapse of the FTX exchange caused damaging runs on two U.S. regulated banks. One of them – Silvergate Capital Corp. – had to sell assets at a loss to repay depositors and lenders, and as a result has now warned that it may not be able to continue as a “going concern.”

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