House Financial Services Committee urges oversight of alt-data
The use of alternative data by lenders could expand access to credit to more than 40 million consumers. Likewise, banks and credit unions are ...
Tag: Federal Reserve
House Financial Services Committee urges oversight of alt-data
The use of alternative data by lenders could expand access to credit to more than 40 million consumers. Likewise, banks ...
Federal Reserve amends stress test model for auto loan losses
The Federal Reserve has changed the way it calculates estimated auto loan losses in the 2019 Dodd-Frank Act stress test, ...
Senators Urge Regulatory Oversight of AI to Prevent Discrimination
As auto lenders increasingly turn to technology like artificial intelligence to improve business practices, two senators are pressing regulators to ...
Santander Consumer USA Initiates Second Stock Repurchase Program
Santander Consumer USA’s board of directors has authorized a plan to buy back $400 million of company stock this quarter, ...
CFPB Chief Kraninger Appointed Chairman of FFIEC
© Can Stock Photo / denyskuvaiev Kathy Kraninger, director of the Consumer Financial Protection Bureau, was appointed chairman of the ...
CFPB, OCC, Federal Reserve Prioritize Fintech Regulation in 2019
© Can Stock Photo / kentoh WASHINGTON, D.C. — Half of the bankers at CBA Live 2019 identified investments in ...
Powell Signals Prolonged Fed Pause as Inflation Lags, Risks Loom
Andrew Harrer/Bloomberg Federal Reserve Chairman Jerome Powell said interest rates could be on hold for “some time” as global risks ...
