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What Do Acting CFPB Director Uejio’s Comments on Consumer Complaint Responses and Potential Racial Disparities Mean for Regulated Financial Institutions?

CFPB Monitor

Acting Director Uejio also expressed concern about “disparities in some companies’ responses to Black, Brown, and Indigenous communities” found by consumer advocates, but he did not name those consumer advocates or the studies that may have prompted his comments. Census data to determine race, ethnicity and socioeconomic demographics.

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American Greed: Can being an honest broker be banks and credit unions competitive advantage?

Jeff For Banks

According to a 2012 Boston College Center for Retirement Research study , 63% of American males (why only males I do not know) participated exclusively in defined contribution (DC) retirement plans in 2007, up from 47% in 1992. I think, as a nation, we will need lots of help managing our money. Probably not. I think so.

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Can SMBs Avoid Being Left Behind In The Great Digital Shift?

PYMNTS

And, the studies show, consumers are in this for the long haul – as of September, the majority of consumers were predicting that it will be another 374 days before they feel comfortable getting back out there, traveling and intermixing with large crowds again. Three-quarters of the nearly 22,000 restaurants that closed across the U.S.

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CFPB announces new appointments to advisory groups

CFPB Monitor

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Chi Chi Wu, Staff Attorney, National Consumer Law Center, Boston, MA. Community Bank Advisory Council Members.

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The Mother List of All Banking Books

Jeff For Banks

A Primer on Money, Banking, and Gold 2008 Cordelia Frances Biddle Biddle, Cordelia Frances Biddle, Jackson, and a Nation in Turmoil: The Infamous Bank War 2021 Alan S. Blinder Blinder, Alan S. Fradkin Fradkin, Philip L. al Gall, Lothar et. Hubbard Hubbard, J. For Each the Strength of All: A History of Banking in New York State 1995 Philip G.

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Apple’s In-Store Story, Android Pay Goes Wearable And Samsung Open For Business In Thailand

PYMNTS

Samsung’s global march added another stopping point this week, as Thailand became the latest nation to come online for Samsung Pay. That announcement comes as most of the global payments-watching community was watching Samsung Pay’s imminent foray into India. Speaking of watching — and watches…. Apple’s Adding Merchants.

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Most Platforms Can’t Scale, Will Fail

PYMNTS

We’ve been studying what makes platforms ignite , and why they often fail, for more than a decade. Most of the platforms we’ve studied or advised have either pushed their way to critical mass and ignited in the first couple of years, or they’ve fizzled. Not so good. We profile innovators on PYMNTS.com every day.

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