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CFPB Issues Proposed Revisions to No-Action Letter Policy and Proposes to Create a Product Sandbox

USA - December 12 2018 The Consumer Financial Protection Bureau (CFPB or Bureau) has issued proposed revisions to its 2016 final policy on issuing No-Action Letters, along...

Sumit K Arora, Michael J. Breslin, Gary R. Bronstein.


Senate Confirms New CFPB Director

USA - December 7 2018 On December 6, 2018, the United States Senate voted 50-49 (in a party line vote) to confirm Kathleen L. Kraninger as the next director of the...


The use of artificial intelligence (AI) in financial services: some early lessons for the practitioner

USA - November 29 2018 In a recent speech delivered at "Fintech and the New Financial Landscape" in Philadelphia, Federal Reserve Board Governor Lael Brainard discussed...


Changes Ahead in the Consumer Card Payment Experience: JPMorgan Chase to Launch Contactless Cards

USA - November 15 2018 The consumer card payment experience is about to undergo some transformative changes. Chase, the consumer banking division of JPMorgan Chase & Co...


A Regulator’s Assessment of the Impact of Artificial Intelligence on Financial Services

USA - November 14 2018 In a speech delivered at “Fintech and the New Financial Landscape” in Philadelphia on November 13, 2018, Federal Reserve Board Governor Lael Brainard...