By now, card fraud was supposed to be a thing of the past what with the introduction of EMV, tokenization, advanced fraud detection, and other technologies. But for various reasons, progress has been slow.
The House passed a CUNA-backed resolution of disapproval Tuesday for the CFPB's arbitration rule. CUNA has a number of concerns with the rule, and sent a letter of support in advance of the House vote.
The CFPB released several new resources relating to HMDA implementation, including updating the preview of its “HMDA Platform” system, an online-only system designed to guide filers through the reporting process and through which they can file.