Finance Policy Predictions 2020: AML, Authentication, Collections & CRA
FICO
JANUARY 13, 2020
In December, the FDIC and OCC issued a proposed rule to modernize the Community Reinvestment Act (CRA). However, the current rules do not address changes in the industry like the advent of mobile banking. In addition, the Federal Reserve did not join the FDIC and OCC on the proposal.
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