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    Last Week... Today! Banking's Most Wanted: Search for ''Foul Mouth Bandit'' Bank Robber, Chicago's Serial Bank Robber, & More!

    Each week iTod rounds up the latest financial news from across the United States (and, occasionally, from around the world) so you needn't bother. 

    Highlights from last week include:

    • Portland Police are looking for a bank robber nicknamed the "foul mouth bandit," who is suspected of robbing four banks in April.
    • Hawaiian authorities are looking for Tori Samiere, who is wanted on a $50,000 warrant for not following the terms of probation. She was initially arrested for identity theft, fraudulent use of a credit card, and theft.
    • The FBI are searching for a Chicago man who robbed three banks in five days.
    • U.S. Supreme Court held that a debt collector’s filing of a time-barred proof of claim in a Chapter 13 bankruptcy proceeding is not “false,” “deceptive,” “misleading,” “unfair,” or “unconscionable” within the meaning of the FDCPA
    • CFPB released a report whose findings include that the most high-risk student loan borrowers aren’t being enrolled in affordable repayment plans and are, therefore, having difficulties making payments on time
    Last Week... Today!
    0 Last Week... Today!

    Each week iTod rounds up the latest financial news from across the United States (and, occasionally, from around the world) so you needn't bother. 

    Highlights from last week include:

    • CFPB's Prepaid Card Rule Evades Repeal, But Tweaks are Coming
    • Fourth Circuit Court Says Bank Can't Force Arbitration of Payday Loan Suit
    • New CFPB Lawsuit Raises Question Whether UDAAP Authority Can Be Used as "Back Door" to State Law Enforcement
    • An Expert Case for Rethinking Your Bankruptcy Policy
    • FTC Advises HR to Keep Required Background Check & Authorization Forms Simple

    If you have any questions about upcoming training programs, or ideas for future topics, please reach out to me at carly@itod.plus. I would be delighted to assist in any manner possible. 

    Thank you for reading our weekly e-newlsetter. Have a productive week!

    Best, 

    Carly Souther

    iTod COO & General Counsel

    $249: Live Webinar + 1-Year OnDemand Recording

    $299: DVD-ROM + Live Webinar + 1-Year OnDemand Recording

    $219: 1-Year OnDemand Recording

    What does your Financial Institution have in common with Ashley Madison, eBay, & Home Depot?
    What does your Financial Institution have in common with Ashley Madison, eBay, & Home Depot?

    You're all equally susceptible to cyberattacks. But, unlike these breached companies, your bank or credit union doesn't have to fall victim to a cyber hack. 

    This blog cites statistics that solidify why you should care about cybersecurity, such as the fact that the FBI reported that more than 500 million records were stolen from Financial Institutions via cyberattacks. Or, because cybersecurity was ranked as the #4 threat to U.S. Financial Institutions in 2017. 

    Don't forget to register for our cybersecurity program, which will help prepare your Institution to manage cybersecurity risk by teaching you how to: (1) conduct a cybersecurity risk assessment; and, (2) create a response plan to guide your FI through the aftermath of a cybersecurity breach or incident.

    Last Week... Today! Romance Cover Model Arrested for Bank Robbery + Trump's New Consumer Law Enforcement Agency
    Last Week... Today! Romance Cover Model Arrested for Bank Robbery + Trump's New Consumer Law Enforcement Agency

    Each week iTod rounds up the latest financial news from across the United States (and, occasionally, from around the world) so you needn't bother. Last Week's Highlights include: a Romance Novel Cover Model Wanted in Connecticut Bank Robberies is Arrested in California; Another Bill Has Been Introduced to Gut Dodd-Frank - This One Will Rename the CFPB as the Consumer Law Enforcement Agency; and Lots of Folks are Indicted on Various Counts of Bank Fraud. 

    Last Week... Today! iTod's  e-News Recap (May 1, 2017)
    0 Last Week... Today! iTod's e-News Recap (May 1, 2017)

    Each week iTod rounds up the latest financial news from across the United States (and, occasionally, from around the world) so you needn't bother. Highlights for the week of April 24th through the 28th, include an FTC Announcement on Identity Theft; Nigeria Establishes E-Fraud Database to Blacklist Fraudsters; and, the CFPB Sues 4 Online Lenders. 

    Is Your Institution in Compliance With the New Prepaid Accounts Rule?
    Is Your Institution in Compliance With the New Prepaid Accounts Rule?

    By: Carly Souther

    FREE iDownloadPrepaid Account Coverage Chart

    Last October, the Consumer Financial Protection Bureau (Bureau) issued a final rule for prepaid financial products. Adopting a Q&A format, this post will help you gain a better understanding of the scope and purpose of the Prepaid Rule. You'll learn the types of accounts that are defined as prepaid accounts under Regulation E (as well as the types of accounts that are not subject to Reg E).

    To ensure your Institution is in compliance with the Rule by the effective date, register for our upcoming webinar, "Prepaid Cards: What the NEW Rules Mean for You!"

    Last Week... Today! ⭐ The iTod Scoop on Today's U.S. Banking News⭐
    Last Week... Today! ⭐ The iTod Scoop on Today's U.S. Banking News⭐

    By: Carly Souther

    Every Saturday, iTod takes a look at the past week in U.S. banking news & current financial events. 

    Highlights this week include the GOP's case to fire CFPB Director Richard Cordray (you can read the full transcript here.); and a District Court rules FDCPA Statute of Limitations begins WHEN the violation is discovered. 

    Call for Cute Pet Photos: Your 🐶 😺 🐢 🐴 🐰  on Our Instagram! #BeautyandtheBanker
    Call for Cute Pet Photos: Your 🐶 😺 🐢 🐴 🐰 on Our Instagram! #BeautyandtheBanker

    Pictured: Bandit, the first iTod Beauty King.

    Do you have a super cute animal who deserves to be a star? Please send a photo, or tell us a little bit about your Beauty King(s) or Queen(s), and we will dedicate an post on the official iTod Instagram - @BeautyandtheBanker - in your family's honour.

    Don't forget to Follow Us!

    iTod iTemplates: Workplace Violence - Sample Written Template
    iTod iTemplates: Workplace Violence - Sample Written Template

    By: Carly Souther

    FREE DownloadSample Workplace Violence Template

    Workplace violence is on the rise in the United States. Does your institution have proper policies and procedures in place? If not, take the first step today by downloading our customizable "Workplace Violence" PDF. 

    Last Week... Today! iTod's Weekly Financial News Recap.
    Last Week... Today! iTod's Weekly Financial News Recap.

    By: Carly Souther 

    iTod takes a look at the week in banking news & current financial events. This week we found answers to questions such as:

    • When is an individual's "credit score" irrelevant in buying a house or refinancing a mortgage? 
    • What are the consequences of originating nearly $380K in fraudulent loans and pocketing part of the proceeds? 
    • Should young people on college campuses worry about identity theft?