Tag: CFPB
A strategic approach to expanding their distribution channels to grow deposits
Deposit growth continues to be the number one business priority of bankers, according to
BAI Banking Outlook: 2024 Trends, as it serves as the cornerstone...
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Federal Watchdog Takes Aim at Crypto Gaming – Decrypt
We do the research, you get the alpha!Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha...
Trust Vs. Tech: Can the Payments Industry Have Both?
The payments industry
thrives on innovation. It's a constant dance between streamlining the customer experience
and safeguarding against new and more sophisticated threats. This delicate equilibrium...
Borrower beware: How to avoid being scammed when looking for a loan
Scams
Personal loan scams prey on your financial vulnerability and might even trap...
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of World Acceptance Corporation (WRLD) on Behalf of Investors
LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on...
Preparing for the Next Evolution of Buy Now, Pay Later…And Beyond
Recent holiday shopping season
data showed U.S. shoppers spent $16.6 billion dollars using BNPL plans, with BNPL volume increasing 14% year-over-year.
A
survey by the...
Beyond Transactions: Crafting Value in A2A Dynamics
As the Consumer Financial Protection Bureau (CFPB) in the United States
paves the way for open banking, the spotlight is turning to the untapped
potential of...
Behind the Headlines: The Delicate Dance of Data Security in Open Banking
In a recent comment letter, the Bank Policy Institute (BPI) and The
Clearing House (TCH) expressed reservations about the Consumer Financial
Protection Bureau's (CFPB) open banking...
The BNPL Regulatory Landscape: A Close Look at NY and Global Developments
The world of Buy Now, Pay Later (BNPL) services is undergoing significant
regulatory scrutiny, and New York Governor Kathy Hochul is at the forefront,
aiming to...
Securing Trust: BPI and TCH Advocate Rigorous Rules to Safeguard Consumer Financial Data
In a concerted effort to fortify the protection of consumer financial data,
the Clearing House Association and Bank Policy Institute (BPI) have presented a
collective response...
BNPL Under the Capitol Lens: Senators Sound Alarm
In a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit
Chopra, three Democratic senators, led by Sen. Sherrod Brown, raised concerns
about the potential exploitation...
$10,000 Exits Wells Fargo Account and Allegedly Vanishes, Triggering Lawsuit Against Two US Banks: Report – The Daily Hodl
A North Carolina couple is suing banking giants Wells Fargo and Truist after thousands of dollars allegedly disappeared without a trace.
Court documents show Kevin...
BNPL Profitability Remains Elusive Despite Rising Adoption – Fintech Singapore
by Fintech News Singapore December 20, 2023 Buy now, pay later (BNPL) arrangements, a type of short-term...
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