The U.S. District Court for the Eastern District of Pennsylvania has announced the termination of a 2022 consent order between the Consumer Financial Protection Bureau (CFPB) and the Department of ...

Syria has successfully executed its first international bank transfer using the SWIFT system, a pivotal move since the onset of its 14-year civil war. This achievement signifies a step forward in ...

Lakeland Bank agreed to several conditions as part of the consent order, including investing at least $12 million in a loan subsidy fund for residents of Black and Hispanic neighborhoods in the ...

TRAI's Digital Consent Pilot: A Step Towards Safer Banking Communication The Telecom Regulatory Authority of India (TRAI) has teamed up with the Reserve Bank of India for a pilot project aimed at ...

The Trump administration is moving swiftly to roll back Biden-era redlining enforcement. Federal courts in recent weeks have terminated five consent orders with mortgage lenders, which stemmed from ...

It also terminated a consent order with Toyota Motor Credit Corp., allowing the auto lender to escape repaying $40 million to customers, and slashed a $2 million civil penalty for remittance company ...

On May 28, the U.S. Department of Justice filed a motion to terminate its redlining consent order against a New Jersey-based bank. The five-year order, entered in September 2022, resolved ...