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CFPB announces advisory committee members

CFPB Monitor

Last week, the CFPB announced the appointment of new members to its advisory committees: Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). Jean Setzfand, Senior Vice President, AARP (Washington, DC). Community Bank Advisory Council .

DC 78
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Bitcoin Daily: German Crypto Firm Shuttered After Pyramid Scheme Accusations; People’s Bank Of China Denies Bogus Announcement Of Stablecoin Launch

PYMNTS

This is a new community, a new world, this is going to be very big. Website DECPAPI.com spotlighted an API with a countdown that showed the national stablecoin would launch on November 20. Seiz claims to have raised about $100 million through the sale of his KaratGold Coin (KBC). The Karatbar and the cryptocoin is the future.

DC 100
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Sageworks’ speakers tackle tough banking topics

Abrigo

Sageworks consultants have hosted and spoken at roughly two dozen regional and national events and industry conferences attended by hundreds of banking and credit union executives, regulators and industry professionals. See upcoming regional and national events hosted or attended by Sageworks here.

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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.

Boston 89
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ATMIA Weighs In On Cashless Retail Ban Debate

PYMNTS

Council member and bill sponsor Ritchie Torres has said the ban is a way to make sure lower income communities, and those of color, are not shut out of marketplaces. In terms of upcoming advocacy efforts, Tente told PYMNTS that ATMIA has “a DC fly-in event in April and we will be talking to legislators about this issue.”.

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Bank planned in nation's capital secures FDIC approval

American Banker

Organizers of Founders Bank in Washington are still need to raise at least $25 million before opening.

FDIC 41
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National Capital Bank in D.C. Appoints New Chief

American Banker

National Capital Bank of Washington has a named Richard Anderson its new president and chief executive.