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  • OCC Takes Action Against Tech Firm Jack Henry, Frees Six Banks

    The Office of the Comptroller of the Currency has taken disciplinary action against the banking software provider Jack Henry & Associates for failing to get a processing center damaged by Hurricane Sandy up and running in a timely manner. Read More>>

  • Tax Reform Proposal Backs Credit Unions into a Corner

    The credit union lobbyists are in full panic mode. Their tax exemption is on the chopping block and they can't blame it on the big bad banks. Read More>>

  • Ripe for Radical Change: Banks' Payments Infrastructure

    There is no doubt that banks are seeking to invest in new technology and improve their quality of service to better retain existing customers. At the same time, budgets continue to be constrained, with the majority of information technology spending locked in just to keep the bank running on a day-to-day basis. While this situation itself is not new, the resolve of banks to address this issue perhaps is. Read More>>

  • 3 Years of Dodd-Frank

    On July 21, 2010, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act. The legislation marks the greatest change to the regulation of the financial industry in decades. Davis Polk takes a moment to assess how far the Act and its implementation have come in the three years since it inception. Read More>>

  • Richard Cordray Confirmed to Lead CFPB

    After two years of being caught in the middle of Washington’s partisan warfare, Richard Cordray has been confirmed to lead the Consumer Financial Protection Bureau. Read More>>

  • Elizabeth A. Duke Submits Resignation as a Member of Federal Reserve Board of Governors

    Elizabeth A. Duke has submitted her resignation as a member of the Board of Governors of the Federal Reserve System, effective Aug. 31, 2013. Read More>>

  • DHS's Napolitano Resigns: The Impact

    The resignation of Janet Napolitano as homeland security secretary could have an adverse impact on the nation's cybersecurity policy, at least temporarily, considering the posts of deputy secretary and deputy undersecretary for cybersecurity remain vacant. Read More>>

 

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