Richard's Rapid Fire

  • February 14, 2014
    Harmening Rolls Out CBA’s 2014 Legislative and Regulatory Priorities CBA’s Board of Directors Chairman Andy Harmening unveiled our 2014 legislative and regulatory priorities to the media on February 10, 2014 at CBA’s world headquarters. I was glad to join Andy in covering a number of issues, including: the state of retail banking, QM and Non-QM mortgages, Bitcoin, the CFPB’s complaint database,...
  • February 7, 2014
    CFPB Director Cordray to Appear at CBA LIVE Richard Cordray, Director of the Consumer Financial Protection Bureau (CFPB), will provide insight into upcoming CFPB actions on Wednesday, April 2, 2014, at CBA LIVE 2014: Red, White, + Banking. This addition to our line-up of speakers, which includes former Homeland Security Secretary Tom Ridge, and Chris Gardner, inspiration for The Pursuit of...
  • January 31, 2014
    Exam Format Changes May Expedite Exam Reports The CFPB has announced it is changing the format of its exam reports. According to a statement by the bureau, they believe this change will expedite the time it takes banks to receive final exam reports: “We anticipate that these changes will reduce the amount of time necessary to finalize reports, thus enabling us to more efficiently provide the...
  • January 24, 2014
    Target Breach Impacting Banks Banks have proactively replaced millions of customers’ cards and allocated significant resources to correct a problem that, by all appearances, was not of their making. This comes at no small cost, and Target needs to take the financial responsibility. According to data collected from CBA member banks, it has not been cheap to replace these credit and debit cards...
  • January 24, 2014
    Target Breach Impacting Banks Banks have proactively replaced millions of customers’ cards and allocated significant resources to correct a problem that, by all appearances, was not of their making. This comes at no small cost, and Target needs to take the financial responsibility. According to data collected from CBA member banks, it has not been cheap to replace these credit and debit cards...
  • January 17, 2014
    Deposit Advance Products We learned this week Regions Financial, U.S. Bank, Wells Fargo and Fifth Third have decided to phase out their Deposit Advance Products. This development was a point of discussion during my meeting with CFPB Director Cordray on January 16, 2014. The vast majority of consumers using deposit advance products do so responsibly under transparent and fully disclosed terms...
  • January 17, 2014
    Deposit Advance Products We learned this week Regions Financial, U.S. Bank, Wells Fargo and Fifth Third have decided to phase out their Deposit Advance Products. This development was a point of discussion during my meeting with CFPB Director Cordray on January 16, 2014. The vast majority of consumers using deposit advance products do so responsibly under transparent and fully disclosed terms...
  • January 10, 2014
    Today - Early Bird Registration for CBA LIVE 2014 Early bird registration for CBA LIVE 2014 ends today , so register before 9:00 p.m. EST and save $300 on attending the premier conference event in retail banking. We are just a couple of short months away from CBA LIVE where we will hear from former Homeland Security Secretary Tom Ridge on current and emerging cyber threats, Chris Gardner on...
  • January 10, 2014
    Today - Early Bird Registration for CBA LIVE 2014 Early bird registration for CBA LIVE 2014 ends today , so register before 9:00 p.m. EST and save $300 on attending the premier conference event in retail banking. We are just a couple of short months away from CBA LIVE where we will hear from former Homeland Security Secretary Tom Ridge on current and emerging cyber threats, Chris Gardner on...
  • December 20, 2013
    Happy Holidays from CBA! From everyone at Team CBA, we wish you and your family a Merry Christmas and a Happy New Year! We hope you find some much deserved time to recharge and relax with your loved ones. 2013 has been a tremendous year of growth for CBA and it could not have been possible without the support of you – our members. The New Year will be both exciting and challenging with many...

Pages