Consumer Financial Protection Bureau Director Richard Cordray yesterday “urged” all bankers to review and analyze complaints in the CFPB’s public database. He said that he considered these reviews “an important part of sound compliance management.”
Bank customers ought to be free to authorize third parties to access their bank account information without limit, Consumer Financial Protection Bureau Director Richard Cordray said yesterday at a fintech conference in Las Vegas.
Banks participating in the FDIC’s youth savings pilot program are seeing strong results, agency chairman Martin Gruenberg said on Friday, adding that the FDIC will by year’s end provide a “roadmap” for other banks wishing to offer similar programs.
The share of the population that is unbanked continued falling in 2015, reaching 7 percent — the lowest share yet recorded in the FDIC’s biennial survey of unbanked and underbanked households released yesterday.