Consumer Banking

CBA SmartBrief

Retail banking news

CBA SmartBrief

Published in partnership with: Consumer Bankers Association

Reports: Payday loans face major contraction under CFPB rules

5/29/2015

  • The Hill

The Consumer Financial Protection Bureau's proposed payday lending rules would cause lenders offering regulated loans to lose 70% of their business and would wipe out storefront payday lenders, accord… Read More

The Financial Services Roundtable SmartBrief

Banking and insurance news

The Financial Services Roundtable SmartBrief

Published in partnership with: The Financial Services Roundtable

Companies face $3.8M average cost for data breaches

5/29/2015

  • Reuters

The average cost of a corporate data breach is $3.8 million, up from $3.5 million last year, a Ponemon Institute study has found. Costs include investigating, hiring experts, setting up customer hotli… Read More