Episode Details

Bank News: CFPB orders all remote workers to return to DC headquarters by August 31st. CFPB directs BILT Technologies to reimburse any customers affected by card transition. CFPB faces lawsuit over Regulation B rule change. California judge rules in favor of OppFi. LendingClub sees a learning curve for fintechs that are seeking a bank charter. First National bank buys Blue Ridge Bancshares. OceanFirst seeks to retain customers and employees after acquisitions. Chime is getting sued by J.D. Power over alleged improper use of #1 ranking. The fintech C-suite round robin has begun. Fifth Third to close 81 branches. This episode reviewed multiple articles from Banking Dive.