Most Clicked CBA SmartBrief Stories


1. Sen. Warren seeks to expand banking regulations

CBA SmartBrief | Apr 16, 2015

Sen. Elizabeth Warren, D-Mass., in a speech Wednesday called for more legislation to rein in banks, break up large banks and expand Dodd-Frank Act initiatives. "Dodd-Frank made some real progress," said Warren. "But there is more work to be done." She also called for greater regulation of auto loans. Hill, The (04/15) MarketWatch (04/15) AmericanBanker.com (free content) (04/15)


2. As Apple Watch orders soar, banks are readying apps

CBA SmartBrief | Apr 14, 2015

Consumers are ready for Apple Watch with preorders estimated at 1 million, analysts say. Citigroup and four smaller banks will have banking applications ready to go when Apple Watches are released April 24. InformationWeek (04/13) AmericanBanker.com (free content) (04/13)


3. House votes 401-2 for bill increasing CFPB transparency

CBA SmartBrief | Apr 16, 2015

The House passed the Bureau Advisory Commission Transparency Act by a 401-2 vote Tuesday. The bill, which would require the CFPB to adhere to greater accountability rules under the Federal Advisory Committee Act, now moves to the Senate. HousingWire (04/15)


4. Lenders took different routes on auto loans in Q1

CBA SmartBrief | Apr 16, 2015

Banks results for the first quarter show two major auto lenders taking different approaches in the competitive market. Wells Fargo continued to pull back from auto lending, with originations falling 10% from a year earlier. JPMorgan Chase increased auto loans and leases by 9% but experienced thinner margins. Automotive News (free content) (04/15)


5. Report pegs student loan delinquency rate at 31.5%

CBA SmartBrief | Apr 15, 2015

Research by the Federal Reserve Bank of St. Louis, which looked only at borrowers currently paying off student loans, found that 31.5% are delinquent, a much higher rate than previously reported. Wall Street Journal (tiered subscription model), The (04/14)


6. Target, MasterCard discuss $20M breach settlement, sources say

CBA SmartBrief | Apr 15, 2015

Target could pay $20 million to MasterCard in a settlement over the retailer's 2013 data breach, sources say. MasterCard is negotiating the settlement on behalf of financial institutions that issue cards under its brand, which incurred the costs of fraud and reissuing cards after the breach. Target is in separate settlement talks with Visa, the sources said. Wall Street Journal (tiered subscription model), The (04/14)


7. 4 things to look for in a potential leader

CBA SmartBrief | Apr 13, 2015

To hire effective leaders, you need to know what you're looking for, writes Wally Bock. Instead of just seeking something vague like "talent," look at candidates' behavior for signs of a work ethic, a determination to help others succeed and a willingness to be held accountable for decisions. "That's the kind of team leader you want throughout your organization," Bock writes. Three Star Leadership blog (04/09)


8. Experts: Mobile's future success linked to prepaid cards

CBA SmartBrief | Apr 14, 2015

Consumers, mostly the unbanked, who have made prepaid cards a success are expected to be big users of mobile wallets, experts say. Those users are a growing focus for card companies like American Express. "Mobile impacts every way we think about prepaid," says Courtney Kelso, vice president of business development and strategy for American Express Enterprise Growth. AmericanBanker.com (free content) (04/13)


9. House members ask CFPB to delay enforcement of mortgage disclosure rule

CBA SmartBrief | Apr 13, 2015

House Financial Services subcommittee chairmen Reps. Blaine Luetkemeyer, R-Mo., and Randy Neugebauer, R-Texas, are requesting that the Consumer Financial Protection Bureau postpone enforcement of the combined Real Estate Settlement Procedures Act and Truth in Lending Act mortgage disclosure rule to Jan. 1, 2016, from Aug. 1. The lawmakers say implementation of the rule falls at a prime time for mortgages and could affect home sales. AmericanBanker.com (subscription required) (04/10)


10. PayPal's instant-loan service draws CFPB scrutiny

CBA SmartBrief | Apr 13, 2015

The Consumer Financial Protection Bureau could file a lawsuit against PayPal for practices by PayPal Credit, the lending service previously known as Bill Me Later. The company said in a filing that the CFPB is investigating the unit's "online credit products, advertising, loan origination, customer acquisition, servicing, debt collection and complaints handling practices." Wall Street Journal (tiered subscription model), The (04/11)




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