Many devotees of Google Reader—including yours truly—are lamenting Google’s recent announcement that this “reading list” function is going away. I always found Google Reader to be a handy one-stop-shopping method for keeping current with my favorite sites and blogs. And CFPB Monitor aficionados who use it to connect with our blog are probably wondering if… More >
Category Archives: Technology
Subscribe to Technology RSS FeedCFPB proposes policy to allow trial disclosure programs
Posted in Hot Issues, Mobile Payments, TechnologyThe CFPB has issued a proposed policy under which it would exempt individual companies, on a case-by-case basis, from current federal disclosure requirements to allow those companies to test trial disclosures. The proposal, which is directed at “banks, thrifts, credit unions, and other financial services companies,” contemplates that participating companies would share test result data with… More >
Before presenting your idea . . .
Posted in CFPB General, Hot Issues, Mobile Payments, TechnologyI regularly work with technology innovators to help them get their ideas cleaned up for financial institutions and to give them a headstart in understanding the types of risk concerns and controls that financial institutions are going to have and want. To technology innovators who may be intrigued by the CFPB’s request for dialogue, I… More >
Waste not, want not
Posted in CFPB General, Hot Issues, Mobile Payments, TechnologyThe CFPB publicly acknowledged yesterday their interest in innovation in consumer financial services by launching Project Catalyst, as already reported in this blog. It is quite the departure from precedent for a banking regulator to actually express interest in being supportive of new technologies and how they could improve consumer financial services. For practitioners like… More >
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