Recent Industry News

Seventh Circuit upholds FDIC’s in-house enforcement process

ABA Banking Journal September 1

$8.31M Trans Union Settlement Resolves Lawsuit Over Bankruptcy Remarks on Credit Accounts

ClassAction.org September 1

American Express credit reporting lawsuit alleges bank reported settled debt

Top Class Actions September 1

The debt-relief customer is getting younger. What’s driving Gen Z to seek help?

CNBC Select September 1

Taming AI Agent Sprawl: A Playbook for Consumer Lending

ABA Banking Journal September 1

Ten State Attorneys General Seek to Invalidate OCC Mortgage Escrow Rule and Interest-on-Escrow Preemption Determination

Hinshaw & Culbertson LLP September 1

House Financial Services Committee Unveils CFPB Reform Package

U.S. House Committee on Financial Services September 1

The Man Who Sells Credit Repair Knows It Probably Won’t Work

24/7 Wall St. September 1

Credit unions report need for CTR, SAR threshold modernization

America’s Credit Unions September 1

House Republicans introduce bill to rein in CFPB

ABA Banking Journal September 1

Stewart Continues Mortgage-Services Buildout With Two Acquisitions

National Mortgage Professional September 1

CFPB Overhaul Could Return Large Credit Unions To NCUA Oversight

CU Today September 1

Truliant adding branches to Charlotte-area footprint in merger with NC credit union

Charlotte Business Journal August 31

TransUnion Study: Credit Scores Drop More in Debt Settlement Than in Bankruptcy

U.S. News & World Report August 28

Experian launches Credit Cards App on ChatGPT, offering a new way to discover card offers

CUInsight August 28

Personal Loan Levels Set a Record, But Fintechs Dominate the Race

The Financial Brand August 28

Agencies Issue Final Rule to Prioritize Material Financial Risks

Office of the Comptroller of the Currency August 27

Student Loan Giant Accused Of ‘Stunning Error’ As Senators Open Investigation

Forbes August 27

America’s Credit Unions Presses New CDFI Fund Director On Awards, Funding

CU Today August 27

El Paso credit union wins approval to purchase Roswell-based Bank of the Southwest

Albuquerque Journal August 27

El Paso credit union wins approval to purchase Roswell-based Bank of the Southwest

Yahoo Finance August 27

Florida Credit Union to Acquire Bank, Rebrand Itself

Banking Dive August 26

Florida homeowners surprised to learn credit reports affect insurance premiums

WPTV August 26

ABA DataBank: Inflation Remains Above Fed’s Target

ABA Banking Journal August 26

Survey Shows Younger Generations Mixing Social Media, AI, and Gambling with Financial Decisions

ACA International August 26

Tampa credit union led deal wins final approval, creating $22B institution

Business Observer Florida August 26

ABA Statement on FDIC’s Quarterly Banking Profile

American Bankers Association August 25

Crews Sworn In, Named NCUA Chairman

America’s Credit Unions August 25

Credit Unions Increasingly Turn to Fintech Partners to Reach Younger Generations

America’s Credit Unions August 25

VantageScore CreditGauge™ July 2026: Consumer Credit Stays on Solid Footing as Delinquencies Ease, Utilization Lowers

Yahoo Finance August 25

FICO Credit Scores Are Holding Up, but Consumers Are Under Pressure

Yahoo Finance August 25

The Month in FinTech: August 2026

FinTech Magazine August 25

PayPal and Venmo Expand into Higher Education Payment Portals

ACA International August 25

$100M Equifax Settlement Resolves Lawsuit Over Inaccurate Consumer Reports Due to Coding Error

ClassAction.org August 25

CBA Releases Chart Book for Q2 2026

Consumer Bankers Association August 25

Credit Card Satisfaction Splits Along Financial Lines, J.D. Power Finds

ACA International August 25

Banking Trends: Who Benefits When Banks Must Share Your Data?

Federal Reserve Bank of Philadelphia August 25

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter

Lexology August 25

The RegTech Problem Hiding Inside Consumer Lending

Finextra August 24

CFPB Reform Recommendations Shared With House Committee

America’s Credit Unions August 24

President Trump Designates John Crews as Chairman of the NCUA Board

NCUA August 24

Federal Agencies Rescind Guidance on Special-Purpose Credit Programs

ABA Banking Journal August 24

Court grants preliminary approval of $100M FCRA class settlement over alleged credit reporting errors

JD Supra August 24

ACU Backs Sweeping CFPB Reforms, Including Bipartisan Commission

CU Today August 24

America First and Greater Nevada Agree to Merge, Expanding Banking Access Across Nevada

2 News Nevada August 24

BofA Finds AI Is Creating a Credit Divide That Could Reach Consumers

Yahoo Finance August 24

Experian ID & Fraud Report Highlights Trust Gap Still Separating Consumers & Businesses

Auto Fin Journal August 24

Wells Fargo and Citigroup Have Room to Buy a Big Bank. These 5 Regionals Fit the Bill

CNBC August 23

CFPB Calls CashCall’s Bid to Erase $157M Judgment a ‘Desperate Attempt’

CU Today August 23

New Student-Loan Repayment Glitches Are Throwing Borrowers’ Budgets Into Limbo

Business Insider August 23

Wells Fargo And Citigroup Eye Regional Bank Deals As U.S. M&A Window Reopens

Binance News August 23

Federal Data Shows Fewer Consumers Are Winning Credit Card Disputes

WBAL August 22

Coalition Condemns Sweeping CFPB Deregulation Bill

Americans for Financial Reform August 21

Credit Repair Network Blocked

Consumer Finance Monitor August 21

Consumer & Community Context – August 2026

Federal Reserve Board August 21

Two Harbors Clears Final Regulatory Hurdle for CrossCountry Merger

Scotsman Guide August 21

FTC Proposes Enforcement Policy Statement on Personalized Pricing: What Businesses Need to Know

Holland & Knight August 21

‘Buy Now, Pay Later’ Being Used More for Groceries, Gas, Other Essentials

Yahoo Finance August 21

OCC and FDIC Propose a New—but More Familiar—CRA Framework

JD Supra August 21

Experian Lets UK Consumers Check Credit Through ChatGPT

PYMNTS August 20

CDIA v. State of Texas: FCRA Preempts Texas Medical Debt Reporting Ban

ACA International August 20

American Fintech Council Reports Record Growth and Advocacy Wins in 2026 Mid-Year Review

FF News August 19

Trump’s student-loan expert said he was “not aware” of a repayment glitch in a lawsuit to restore affordable bills

Business Insider August 19

State-level CRA bill halted in California

America’s Credit Unions August 19

Judge Denies MSJ in FCRA Case Over Issues with Declaration

AccountsRecovery.net August 18

Mortgage critical defect rate rises to 1.71% in Q1 2026

HousingWire August 18

Lennar Mortgage discloses data security incident

HousingWire August 18

Some student-loan borrowers are losing credit toward a key forgiveness program for public servants

Business Insider August 18

Credit-Score Choice Is Becoming Part of the Mortgage Sales Pitch

National Mortgage Professional August 18

‘No One Home’ At NCUA As Agency Awaits Crews Swearing-In

CU Today August 18

Updates would bring more consistency, transparency to CAMELS

America’s Credit Unions August 18

UAD and Forms Redesign: Updated FAQs

Fannie Mae August 18

Securitized prime auto net losses rise

Auto Finance News August 18

Judge Denies Motions to Dismiss FDCPA, Bankruptcy Stay Claims

AccountsRecovery.net August 18

Supporting updated derivatives, hedging accounting standards

America’s Credit Unions August 18

Treasury Seeks Public Comment on GENIUS Act Proposed Rulemaking

U.S. Department of the Treasury August 17

Bill Payment Firm Doxo to Pay $2.1 Million to Settle FTC Allegations It Deceived Consumers and Charged Them Add-On Fees

Federal Trade Commission August 17

Judge Voices Doubts But Won’t Dismiss Consumer’s FCRA Damages Claim

AccountsRecovery.net August 17

AFSA subprime loan performance index falls to -41.4

Auto Finance News August 17

Engaging policymakers on credit union AI priorities

America’s Credit Unions August 17

Judge Lets FDCPA Claim Proceed Against Collector Over Disputed Cellphone Debt

AccountsRecovery.net August 17

World Liberty nabs conditional OCC charter

Banking Dive August 17

Increased sales, stable loan standards help industry performance (Big Wheels)

Auto Finance News August 17

OCC returns Zerohash’s charter application

Banking Dive August 17

Amazon Agrees to $2.25 Million Settlement and Injunction to Resolve Alleged Violations of the Fair Credit Reporting Act

U.S. Department of Justice August 14

The CFPB to Cease Discretionary Publication of Complaint Narratives and Visualizations

Consumer Financial Protection Bureau August 14

EXCLUSIVE: 5.31% of auto loan applications had first-party fraud in H1

Auto Finance News August 14

$95M Jackson Area FCU Case Turns Criminal: Charges ‘Will Be Filed Shortly’ Against Former CEO

CU Today August 14

AG’s first-ever Data Privacy Report identifies policy priorities and recommendations

Washington Attorney General August 14

Accounting: Bank Accounting Advisory Series Updated

Office of the Comptroller of the Currency August 14

House bill offers investment authority flexibility for credit unions

America’s Credit Unions August 14

Custodia gets a hand from lawmakers, trade groups at high court

Banking Dive August 14

Collector Facing FCRA, FDCPA Suit Over Alleged Reporting on Recalled, Settled Account

AccountsRecovery.net August 14

Judge Trims, But Doesn’t Fully Dismiss, FCRA Suit Over Retained Dispute Notation

AccountsRecovery.net August 13

Utah-Based Mortgage Company Must Pay $825,000 for Failing to Protect Californians’ Personal Information

California Department of Financial Protection and Innovation August 13

Mortgage delinquencies eased in Q2, still higher than 2025

HousingWire August 13

Sezzle pivots to national bank charter

Banking Dive August 13

Financial Stress Deepens Divide among U.S. Credit Card Customers

J.D. Power August 13

Assistant Attorney General Colin M. McDonald Issues Memorandum on the National Fraud Enforcement Division’s Enforcement Priorities

U.S. Department of Justice August 13

DCUC Urges CFPB To Cut Mortgage Red Tape, Give Credit Unions Greater Flexibility

CU Today August 13