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CFPB proposes amendments to remittance rule

The CFPB has proposed several amendments to its remittance rule.  Comments on the proposal must be filed no later than January 21, 2020. The proposed amendments are...more

NYDFS Proposes New Regulation to Ease Restrictions on Sharing CSI

Last week, the New York Department of Financial Services (“NYDFS”) announced a proposed new regulation that provides greater flexibility for entities licensed, chartered, authorized, registered, or supervised by the NYDFS to...more

CFPB Collaborates to Create a Global Fintech Network with Regulators around the World

Last week the CFPB announced an initiative to create a Global Financial Innovation Network (GFIN) with 11 other financial regulators and related organizations across the globe....more

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