Stay updated with breaking news from Covered Financial. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
On Jan. 24, 2024, the CFPB released a proposed rule that would, if finalized in its present form, prohibit financial institutions from charging NSF fees when consumers initiate transactions that are instantaneously or near-instantaneously declined.
On October 27, 2023, the Federal Trade Commission ("FTC") adopted an amendment to the FTC's Safeguards Rule that will require non-banking financial institutions to notify the FTC...
On October 27, 2023, the Federal Trade Commission (“FTC”) adopted an amendment to the FTC’s Safeguards Rule that will require non-banking financial institutions to notify the FTC within...
The Treasury Department has recently issued a notice of proposed rulemaking under the Bank Secrecy Act regarding the reporting of convertible virtual currency ("CVC") mixing.
The Treasury Department has recently issued a notice of proposed rulemaking under the Bank Secrecy Act regarding the reporting of convertible virtual currency (“CVC”) mixing.