News Archives

Supreme Court adopts narrow autodialer definition

Supreme Court adopts narrow autodialer definition

We have blogged several times before about the Telephone Consumer Protection Act (TCPA) and what is an “autodialer” under the rules and on April 1, 2021 the Supreme Court provided some clarity. As background, in [...]

Compliance: FinCEN seeks input on new CDD proposals

Compliance: FinCEN seeks input on new CDD proposals

The Financial Crimes Enforcement Network (FinCEN) has issued an advance notice of proposed rulemaking (ANPR) to solicit public comment on questions pertinent to the implementation of the Corporate Transparency Act (CTA), enacted into law as [...]

NAFCU, NCUA Chairman Harper discuss CU priorities, concerns

NAFCU, NCUA Chairman Harper discuss CU priorities, concerns

NAFCU President and CEO Dan Berger and NCUA Chairman Todd Harper Monday discussed credit union concerns and priorities on a number of key issues, including the need for increased capital flexibility during the coronavirus pandemic [...]

When genius failed—again

When genius failed—again

Wall Street has had more than its share of drama over the last three decades. However, what started to unfold two Fridays ago with Bill Hwang’s Archegos family office had grizzled Wall Street veterans [...]

Can banking industry meet consumer’s new CX expectations?

Can banking industry meet consumer’s new CX expectations?

Having digital functionality for all aspects of banking is no longer optional. While many small and mid-sized financial institutions hesitated to invest in digital, Covid-19 forced the entire industry to provide consumers digital options where [...]

Foundation Field Notes Episode 11

Foundation Field Notes Episode 11

Improving people’s financial well-being takes creativity, commitment and a culture of service. These are the stories of credit unions and how they are putting people’s financial well-being at the center of their strategy. [...]

How to improve your compliance function in 2021

How to improve your compliance function in 2021

The risks of noncompliance at a credit union are nothing to scoff at. Just looking at the Wells Fargo cross-selling case in 2016 gives a hint at the disastrous consequences, from attorneys general filing actions [...]