April 2023

Featured Story

Weed Legalization: Here’s Where States Stand in 2023

Weed legalization has become increasingly common in the U.S., despite the fact that marijuana is still illegal on a federal level. As of April 20, 20 states and the District of Columbia have legalized weed for recreational use while 27 states allow it for varying medicinal purposes. Three states — Idaho, Kansas, and Nebraska — prohibit it entirely...

Apr. 28: CFPB Updates This Week

APR 26, 2023 CFPB Joins Other Financial Regulatory Agencies in Issuing Statement on Completing the LIBOR Transition Today, the Consumer Financial Protection Bureau (CFPB) joined four other federal financial regulatory...

FDIC Issues Supervisory Guidance on Charging Overdraft Fees for Authorize Positive, Settle Negative Transactions

The FDIC is issuing supervisory guidance to its supervised institutions to ensure that supervised institutions are aware of the consumer compliance risks associated with assessing overdraft fees on a transaction...

Credit Reporting Agencies Remove More Medical Collections Debt From Reports

Three credit reporting agencies have taken another step in removing medical collection tradelines from credit reports. Equifax, Experian and TransUnion have removed medical collections debt with an initial reported balance...

Greenlight’s new B2B offering brings kid-focused banking to traditional firms

Over half a dozen firms, including Morgan Stanley, WaFd Bank and Community Financial Credit Union have partnered with the neobank to offer its services to their customers. Courtesy of Anna...