Chester County News and Community Website
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Capital One, N.A., and its parent company, Capital One Financial Corp., accusing the financial giant of depriving …
CFPB Sues Capital One Over Alleged $2 Billion in Lost Consumer Interest Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has officially recognized Financial Data Exchange, Inc. (FDX) as a standard-setting organization under the Personal Financial Data Rights rule. This historic designation …
CFPB Recognizes Financial Data Exchange as Standard-Setting Body for Personal Financial Data Rights Read More
HARRISBURG, PA — Attorney General Michelle Henry this week announced the distribution of $158,924 in restitution payments to 1,309 Pennsylvania residents following a settlement with California-based online lending platform, SoLo …
Pennsylvania Attorney General Wins Justice for 1,300 Borrowers—Massive Restitution Issued After Loan Scam! Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has finalized a new rule aimed at reforming overdraft practices at large financial institutions. This action targets banks and credit unions with …
CFPB Closes Overdraft Loophole, Saves Consumers Billions Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Comerica Bank, accusing it of systematically failing its 3.4 million Direct Express cardholders, most of whom are …
CFPB Files Lawsuit Against Comerica Bank for Alleged Failures in Serving Vulnerable Customers Read More
EXTON, PA — SouthState Bank, N.A., has selected Automated Financial Systems, Inc.‘s (AFS) AFSVision as their new commercial lending platform. This strategic move aims to integrate AFSVision into the bank’s …
SouthState Bank Adopts AFSVision Platform for Enhanced Commercial Lending Read More
BLUE BELL, PA — Rego Payment Architectures, Inc. (OTCQB: RPMT) has announced a strategic integration of its innovative youth banking solution with the Jack Henry™ digital banking platform. This development …
Rego Payment Architectures Launches Youth Banking Solution on Jack Henry Platform Read More
For the first time in four years, the Federal Reserve has cut short-term interest rates. The Fed has indicated that this cut may be followed by several others in the …
What Will Rate Cuts Mean for You? Read More WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has levied a significant enforcement action against Navy Federal Credit Union, the largest credit union in the United States, for imposing unlawful …
CFPB Imposes Record Penalty on Navy Federal Credit Union for Illegal Overdraft Fees Read More
OAKS, PA — SEI® (NASDAQ: SEIC) has launched a new professional services offering within its Private Banking and Wealth Management sector, already adopted by nine U.S. clients across 17 projects. This …
SEI Unveils New Professional Services for Private Banking and Wealth Management Read More