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FFIEC Cybersecurity Maturity Assessment Tool

Cisco

In 2015, following a significant increase in nation state and hacktivist attacks on U.S. This was revised in 2017, and this consistent framework is intended to be able to help leadership and the board assess their preparedness and risk over time. With increasing nation state guidance on security and privacy, to include the U.S.

Tools 114
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Scale Matters … But Smart Matters More

Gonzobanker

Meanwhile, national players like Bank of America have achieved 50% penetration of digital sales in their consumer bank, and digital-only fintechs/challenger banks are gaining 47% of new consumer accounts according to Cornerstone Research.

Tools 163
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ACA International flags shortcomings in CFPB national debt collection consumer survey

CFPB Monitor

In a new white paper, “ An Overview of the Analytical Flaws and Methodological Shortcomings of the CFPB’s Survey of Consumer Experiences with Debt Collection ,” ACA International takes aim at the report released by the CFPB in January 2017 that presented the findings of the CFPB’s national debt collection consumer survey.

Survey 79
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CFPB enters into settlement of lawsuit challenging legality of its Taskforce on Federal Consumer Financial Law; agrees creation of Taskforce violated federal law

CFPB Monitor

The CFPB has agreed to settle the lawsuit filed by the National Association of Consumer Advocates, U.S. While the settlement does not fully expunge the report from the public record, it clearly will allow the CFPB’s current leadership to ignore the Taskforce’s recommendations when exercising the CFPB’s authorities. .

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FHFA reverses position (again) on its constitutionality

CFPB Monitor

Mnuchin , that despite having previously advised the en banc court that it would not defend the FHFA’s constitutionality, it has reconsidered its position under the leadership of its new Director and will take the position going forward that the agency’s structure is constitutional.

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The Whole Paycheck Tracker: HQ Enhancements, Empathetic AI And Special Guest Bernie Sanders

PYMNTS

While wearables are able to track all kinds of things about their wearers — how much they exercise, when they are sitting or standing or how regular their sleep habits really are — they aren’t renowned for their ability to sense how their wearer is feeling emotionally speaking. AI Enhancement: A Wearable That Feels Your Pain.

New York 109
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CFPB’s Taskforce on Federal Consumer Financial Law releases report

CFPB Monitor

The Taskforce was charged with examining the existing legal and regulatory environment for consumers and financial services providers and making recommendations to the Bureau’s leadership for improving consumer financial laws and regulations. The report consists of two volumes. Bureau reorganization. enforcement, rulemaking and supervision).

Report 78