Tag: Consumer Financial Protection Bureau

Financial crime and conduct: Q3 enforcement highlights from Corlytics

Corlytics has released its regulatory enforcement data for Q3, showcasing a surge in regulatory actions, record fines, and a stronger emphasis on senior staff conduct.

Enhancing compliance: The rise of automation in consumer risk management

In the ever-evolving landscape of regulatory requirements, businesses are compelled to reassess how they manage compliance and conduct risks. A proactive approach is necessary, not only to understand the regulations but to anticipate their impacts on operations. Implementing a standardized methodology supported by AI allows businesses to prepare for regulatory changes effectively, ensuring compliance is both consistent and scalable.

Remittance company Servicio UniTeller hit with $700k fine

The Consumer Financial Protection Bureau (CFPB) has ordered international remittance company Servicio UniTeller to pay a $700,000 penalty.

The Consumer Financial Protection Bureau opens lawsuit against Fifth Bank

The Consumer Financial Protection Bureau has filed a lawsuit against Fifth Third Bank, National Association after allegations of opening unauthorised accounts for consumers.

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