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- June 16, 2021On Wednesday, June 16, 2021, the FDIC announced a ‘tech sprint’ designed to explore new technologies and techniques that would help expand the capabilities of banks to meet the needs of unbanked individuals and households. The FDIC‘s tech lab, FDITECH , is launching a first-of-its-kind tech sprint by challenging participants to identify better resources and tools to help banks get unbanked...May 27, 2021Consumer Bankers Association President and CEO Richard Hunt appeared on Fox Business’ “Mornings with Maria” today in advance of the second of two hearings on Capitol Hill this week with the CEOs of JPMorgan Chase, Bank of America, Citi, and Wells Fargo. Excerpts from the interview are below. Touting the critical role banks played during the pandemic and will continue to play in supporting the...April 22, 2021Dear Mr. Lowman: The undersigned associations appreciate the opportunity to comment on the Social Security Administration’s (“SSA”) proposed amendments to the User Agreement and Technical Specifications and Systems Security documents for participants in the SSA’s electronic Consent Based Social Security Number (“SSN”) Verification (“eCBSV”) Service, as well as the document titled “Addendum to the...March 29, 2021In this webinar, hear from Dan Quan, former Senior Advisor to the Director, CFPB, on how the Biden administration is signaling for more relief for consumers affected by COVID-19 and how that will impact lending organizations. Dan and TrueAccord co-founder Ohad Samet will talk about how lending organizations can ensure regulatory compliance while building more consumer-friendly collection...December 22, 2020To Whom It May Concern: The Consumer Bankers Association (CBA) is pleased to submit these comments to the Bureau of Consumer Financial Protection, Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, and National Credit Union Administration (together, the “Agencies”) in response to the Notice of Proposed Rulemaking (...December 3, 2020 - 2:00PMPastDecember 2, 2020 - 1:00PMPastNovember 16, 2020To Whom It May Concern: The Bank Policy Institute (“BPI”), the American Bankers Association (“ABA”), the Bankers Association for Finance and Trade (“BAFT”), the Center for Capital Markets Competitiveness (“CCMC”), the Consumer Bankers Association (“CBA”),the Independent Community Bankers of America (“ICBA”), the Institute of International Bankers (“IIB”) and the Securities Industry and Financial...October 28, 2020 - 2:00PMPastOctober 26, 2020On Monday, October 26, 2020, the Bureau issued a press release regarding a consent order against Low VA Rates LLC (Low VA Rates) to address the Bureau’s finding that Low VA Rates sent consumers mailers for mortgage loans guaranteed by the U.S. Department of Veterans Affairs (VA) that contained false, misleading, and inaccurate statements. Low VA Rates’ conduct violated the Consumer Financial...