In the News

• Regulators Should Take the Reins on Fintech Oversight

  October 31, 2024

  BPI and TCH Submit Comments to Prudential Regulators on Bank-Fintech Arrangements

• BPI and TCH Seek to Intervene in Corner Post Case Challenging Debit Interchange Limits

  October 16, 2024

  The Bank Policy Institute and The Clearing House Association filed a motion to intervene today in Corner Post, Inc. v. Board of Governors of the Federal Reserve System.

• Banks Urge CFPB to Extend Compliance Period for Consumer Financial Data Rule

  July 17, 2024

  In a joint letter, four banking trade associations sent a letter to the Consumer Financial Protection Bureau calling for the Bureau to extend the compliance deadline for its forthcoming rule governing consumer financial data known as Section 1033.

• Correcting the Record on the Electronic Fund Transfer Act

  May 30, 2024

  American Bankers Association, Bank Policy Institute, New York Bankers Association, and The Clearing House respond to the CFPB's legally dubious claim.

• Federal Reserve’s Flawed Debit Card Proposal Harms Banks, Credit Unions and Consumers

  May 10, 2024

  America’s banks and credit unions unanimously oppose Regulation II proposal

• Trades Petition CFPB to Ensure Data Aggregation Services Market is Fair, Transparent and Competitive

  August 02, 2022

  Eight national trade groups petitioned the Consumer Financial Protection Bureau to initiate a rulemaking that will strengthen the privacy and security of consumer financial data held by fintechs, Big Tech and data aggregators.

• New Research Reveals Consumers Remain Uninformed of Fintech App Data Collection Practices

  December 01, 2021

  Poll commissioned by The Clearing House indicates large majorities of consumers are still unaware that apps access and share key personal data.

• Addressing Unbanked/Underbanked Challenges Requires Multifaceted Approach, According to New Report

  May 18, 2021

  Enhancing existing programs, highlighting no- and low-cost bank account offerings, improving financial education, expanding broadband internet access, and encouraging the opening of bank accounts during government benefit program enrollment will help address the unbanked/underbanked challenge in the United States.

• Banking and Credit Union Groups Issue Statement on the Availability of Economic Impact Payments to Consumers

  March 16, 2021

  The IRS recently sent an initial wave of tens of millions of economic impact payments via the Automated Clearing House (ACH) system. 

• 19 Financial Services and Consumer Groups Urge Congress to Exempt Economic Impact Payments from Garnishment

  March 09, 2021

  Congress should protect the third-round of economic impact payments from garnishment so families that need the financial relief can access funds without delay