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Other banking industry organizations applauded the Treasury Department for working with the industry on revisions
The regulator also published guidance on ‘Buy Now, Pay Later’ lending
The new survey found small businesses are spending an average of $13,000 per month on their credit cards
The bank said it “respectfully disagrees” with the decision
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
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