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October

20
2022
Industry News

CFPB Takes Action to Address Junk Data in Credit Reports

Washington, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) issued guidance to consumer reporting companies about their obligation to screen for and eliminate obviously false “junk data” from consumers’ credit reports. Companies need to take steps to reliably detect and remove inconsistent or impossible information from consumers’ credit profiles.

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October

20
2022
Industry News

Beware Of Cybersecurity Threats Across Your Supply Chain

Even with the advanced technology that supply chain companies use, global supply chains are constantly exposed to various kinds of risk. One such major threat that companies are now facing comes from cyber attackers. So how do manufacturers implement measures to mitigate supply chain risk? Joshua Skeens, COO at Logically, shares insights.

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October

20
2022
Industry News

United States: NYDFS Continues Series Of Fair Lending Enforcement Actions Against New York State-Chartered Banks

On October 6, 2022, the New York Department of Financial Services (NYDFS) entered into a Consent Order with a New York state-chartered bank to resolve allegations of fair lending violations in the bank's indirect auto lending program. NYDFS has made clear that it is focused on fair lending compliance, and institutions regulated by NYDFS-including both banks and non-bank lenders-must be prepared for detailed, data-driven reviews of their lending programs.

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October

19
2022
Industry News

Bank of America issues revamped office-return policy

Bank of America followed through Tuesday on its September pledge to issue a revamped office-return policy.

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October

19
2022
Industry News

Kentuckians warned to be cautious of scams as federal student debt relief application goes live

FRANKFORT, Ky. (WTVQ) — Attorney General Daniel Cameron is warning Kentuckians to be cautious of possible scams as the federal student debt relief application goes live.

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