There are weeks that make you want to run for cover… this was one of those weeks! News on every possible angle – new CFPB director, Equifax fall out and just tons of other news. Read for more details on each below.
Industry News for the Week of December 10
Fintechs fill gap in student lending: Read here
Another tough set of actions for Wells Fargo: Read here
Elegy for cycling commentator Paul Sherwen (great guy!) and the role of the compliance officer: Read here
Kraninger confirmed as director of Bureau
The Hill reports that the Senate has confirmed Kathy Kraninger to be director of the Consumer Financial Protection Bureau (CFPB), granting her a five-year term to lead the agency.
Ballard Spahr podcast on AML challenges: Read here
Analysis of what Kraninger means to the CFPB’s mission: Read here
Cybersecurity starts with good board questions: Read here
What happens to data after a breach: Read here
CFPB study on student lending fees: Read here
Banks lax on compliance and risk avoidance: Read here
Equifax breach entirely preventable: Read here
Is Mulvaney’s parting gift a safe harbor for FinTech’s?: Read here
Kraninger takes the helm: Read here
What do you do if your vendor has suffered a data breach? Download our infographic to find out.