Fair & Responsible Banking

Fair lending principles are embraced by CBA members. Regulatory enforcement, however, is an increasingly complex area of compliance, and has become even more challenging with the intense search at the state and federal levels for 'predatory lending' practices. To encourage self-evaluation, CBA helped establish a privilege for self-testing for fair lending compliance. CBA also is responding to new fair lending guidelines and protecting banks from unnecessary and burdensome small business data collection.
  • December 4, 2019
    2020 brings a new decade of business change that will be directly confronted with regulatory and policy mandates of fairness, safety, and protection. In our new paper, KPMG Regulatory Insights evaluates how, in 2020, five business imperatives—technology transformation, customer interaction, payments modernization, market expansion, and cost efficiencies—will force new and differing regulatory...
  • October 29, 2019
    Retail banking executives are faced with multiple challenges, including driving customer centricity through digital transformation, security and risk management, regulatory compliance and an aging infrastructure. As they develop and implement their strategic plans, how are they addressing the key business and technology trends that are impacting the industry? Annually, CGI leaders around the...
  • October 24, 2019 - 2:00PM
    Past
  • October 15, 2019
    Across the world, huge numbers of individuals lack access to basic banking services. A recent report from the World Bank shows that “[g]lobally, 1.7 billion adults remain unbanked.”1 In many cases these people have the same money management and credit needs as those who have access to bank services, but they face challenges meeting those needs. In the US, the underbanked and unbanked (U/U)...
  • June 11, 2019
    The new accounting standard, Current Expected Credit Loss (CECL), may require significant changes to the data a lender maintains and analyzes, and involves a deeper level of modeling, analysis and reporting than previously required. This eBook provides actionable insights and tips to help you gain confidence in your CECL plan and develop a winning strategy. To download the Ebook or learn more...
  • April 16, 2019
    When it comes to shaping the regulatory and business environment to best serve the needs of banks and consumers, shortsightedness and lack of consistency may be two of the greatest obstacles facing the financial industry today. Speaking with Dodd Frank Update at CBA LIVE 2019 in Washington D.C., Consumer Bankers Association (CBA) President and CEO Richard Hunt detailed his views on the need for...
  • April 9, 2019
    To mark 100 years of helping finance the American dream, CBA's ambassadors gathered for leadership photos, including past and present board members and members of CBA's committees. It has been an incredible week in our nation’s capital, as we hosted CBA LIVE 2019 - the biggest event in its 10-year history. We welcomed nearly 1,600 attendees, including more than 750 senior banking leaders, and...
  • March 8, 2019
    Generally available consumer credit scoring models can provide great value to lenders in evaluating the risk of loan applicants. These models are designed to distill the predictive power of a large number of consumer factors into a single, easily understood score. While the credit scoring models work well in estimating default likelihood over time, all models eventually may need to be evaluated...

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