Employers may be entering a new era of accountability when it comes to artificial intelligence in hiring. A recent class-action lawsuit is signaling a shift in how AI-driven recruitment tools are being scrutinized—and the implications could be far-reaching.
Delaware is positioning itself at the center of digital asset and stablecoin innovation with a coordinated package of legislation aimed at modernizing its banking code and creating a comprehensive framework for payment stablecoins.
The Office of the Comptroller of the Currency (OCC) recently entered into a consent order with The Federal Savings Bank in Chicago, Illinois (Bank) to settle allegations of false or misleading statements regarding cash-out mortgage refinance loans guaranteed by the Department of Veterans Affairs (VA).
In high-volume collections, friction is the enemy of recovery. For years, the gap between creditors and debt settlement companies was filled with manual processes and "wait-and-see" tactics. The most successful lenders are choosing a different path: Constructive Engagement.
The FDIC and the OCC have adopted a joint final rule that will prohibit the agencies from criticizing or taking adverse action against a financial institution based on reputation risk. The rule is effective June 6.
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