The CFPB recently fined an institution $25 million along with $97 million in customer restitution to settle abusive practices relating to its overdraft program.
FridayOctober 30, 2020
25 Errors on Beneficial Ownership Certification of Legal Ent
You asked for it, Reg E claims, what you need to know to handle them in 0ne-hour.
Is it fair when a consumer makes a dumb choice with their account info, and then wants the money back from the bank?
In this program, we will look at how the Covid-19 pandemic has altered the regulatory agenda and enforcement actions over the last six (6) months and discuss what future impacts your bank can expect.
Regulation E came back into the news in a big way in 2019 as the CFPB levied a $3.5 million civil money penalty and $12 million in restitution against an institution for incorrectly processing dispute claims.
Regulation E came back into the news in a big way in 2019 as the CFPB levied a $3.5 million civil money penalty and $12 million in restitution against an institution for incorrectly processing dispute claims.
Recorded on September 30, 2020
New Guidance on Customer Due Diligence Requirements
The conundrum, a branch wants to raffle off homemade pies to raise money for a charity near and dear to the heart of those bankers. But is this a raffle, a contest or a lottery?