The OCC’s acting deputy comptroller for the Office of Financial Technology discussed agency supervision of banks’ use of financial technologies

Plus: WaFd and Luther Burbank have extended the deadline to complete their merger

Electronic Payments Coalition survey found that most Americans currently have a credit card with a rewards program

The ABA and ICBA have praised Congress’ decision to nullify the rule

Report from the FDIC’s Office of the Inspector General found the agency should have taken earlier action

The CFPB has levied the fine for failing to collect information on some mortgage applications

Plus: Illinois-based First Busey to acquire Merchants and Manufacturers Bank

The deadline has been extended until January 16, 2024

The program allows CFPB to authorize parameters for in-market testing of alternatives to required disclosures

The special committee will examine allegations of a toxic workplace culture and sexual harassment