CFPB Issues Circular on Contract Fine Print: On June 4, the Consumer Financial Protection Bureau (CFPB) issued a circular warning against using unlawful or unenforceable terms and conditions in contracts for consumer financial products or services.
CFPB Intervenes in Citibank Lawsuit on EFTA Wire Transfers: On May 28, the Consumer Financial Protection Bureau (CFPB) filed a statement of interest in support of the New York Attorney General (NYAG) lawsuit against Citibank in the U.S. District Court for the Southern District of New York. Joint Cybersecurity Scam Advisory: The Federal Bureau of Investigation (FBI), the US Department of State, and the National Security Agency (NSA) recently issued a joint advisory highlighting attempts by the Democratic People’s Republic of North Korea (DPRK/North Korea) Kimsuky cyber actors to exploit improperly configured DNS Domain-based Message Authentication, Reporting and Conformance (DMARC) record policies to conceal social engineering attempts. Update On CFPB Small Business Lending Reporting Rule: The rule’s implementation has been halted by a nationwide injunction by the U.S. District Court for the Southern District of Texas on October 26, 2023. Comments are closed.
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The PulseThe Pulse is MnCUN's newsletter that keeps credit union professionals and board members updated on current news and information. Archives
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