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.fraud
By Kari English, Senior Editor
| The web is about to get a lot more complex. The Internet Corporation for Assigned Names and Numbers, a nonprofit entity responsible for operating and managing the domain name system (.com, .org and .net), is planning to expand the available extensions and has accepted applications from entities that would like to own certain domains - including .bank. Read more>> |
| Bernanke Delivers Speech at KC Fed Economic Symposium on Monetary Policy Since the Onset of the Crisis | |
Chairman Ben S. Bernanke delivered a speech last week at the Federal Reserve Bank of Kansas City Economic Symposium in Jackson Hole, Wyo. "The costs of nontraditional policies, when considered carefully, appear manageable, implying that we should not rule out the further use of such policies if economic conditions warrant," said Bernanke. Click here to read his speech.
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| FHFA Announces Increase in Guarantee Fees | | The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to raise guarantee fees on single-family mortgages by an average of 10 basis points. The changes to g-fee pricing represent a step toward encouraging greater participation in the mortgage market by private firms, a goal set forth in FHFA's Strategic Plan for Enterprise Conservatorships. Read more>> |
| Empowering Management: Our First Line of Defense Against Risk | Spyro Karetsos, head of enterprise risk and control at Vanguard, discusses how empowering management can lead to an effective operations risk program. Karetsos gives examples of how to integrate risk management and day-to-day management, from an op risk perspective.
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| Study: U.S. Businesses Process 15.5 Billion Remittances Each Month | | U.S. businesses process 15.5 billion remittances monthly with domestic and international trading partners, according to findings from a study commissioned by NACHA - The Electronic Payments Association. Read more>> |
| Mobile and Online Banking Interest Is High, Even Among Older Consumers | | While younger Americans, ages 18 to 34, are more likely to use online or mobile banking, the findings of a Citi survey found 67 percent of 35- to 49-year-olds, 53 percent of 50- to 64-year-olds and almost half (48 percent) of 65-year-olds and over who own a mobile device are already currently using their mobile devices to manage their finances. Read more>> |
| Register for Webcast | |
Reg E Remittance Transfers, Customer Disputes and Disclosures
DATE: Sept. 19
Our topic for the webinar will focus on the changes to Reg E that become effective Feb. 13, 2013. Start planning now! This change may present significant operational challenges to your institution. Click here to register.
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| Harland Financial Solutions Expands its Payments Offering | | Harland Financial Solutions is expanding its current line of electronic funds transfer products and services to include card services, while simultaneously adding a new electronic bill presentment and payment offering. Read more>> |
Richmond Fed Publication Reports on Who's Leaving the Workforce
| | Millions of American workers have left the labor force since the end of the recession in 2009. Who are these missing workers? What are they doing, and how are they making ends meet? Read more>> |
| Gateway Mortgage Group Expands Focus on Correspondent Lending Services to Credit Unions and Banks | | The expansion of services gives community financial institutions an additional choice for correspondent lending, a market many big banks no longer serve. Read more>> |
| Current Retail Credit Card Accounts Stand At A 31-Month High | | For the first time since December 2009, the number of open retail credit card accounts exceeded the 175 million mark this past July, according to Equifax's August National Consumer Credit Trends Report. Read more>> |
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