How is the Consumer Financial Protection Bureau interpreting its enforcement authority under the Dodd-Frank Act to prohibit "unfair, deceptive or abusive acts or practices?" What can credit unions learn from the regulator's recent enforcement actions? What are examiners looking for?
With tax season upon consumers once again, it’s also when they are most vulnerable to tax refund fraud. Since the methods for tax refund distribution generally go through financial institution, credit unions can battle tax refund fraud.