Waters Tells CFPB Head To Do Better
Waters Tells CFPB Head To Do Better
February 06, 2020  |  CFPB

The chairwoman of the U.S. House Committee on Financial Services, Maxine Waters, told the head of the Consumer Financial Protection Bureau (CFPB), Kathy Kraninger, that...

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Afterpay Pushes Back Against Australia’s Fee Regulation
Afterpay Pushes Back Against Australia’s Fee Regulation
February 06, 2020  |  Regulation

Buy now, pay later (BNPL) company Afterpay has pushed back against the Reserve Bank of Australia’s potential regulation of its fees. Afterpay claims it shouldn’t...

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Central Bankers Set April Meeting To Talk Digital Money
Central Bankers Set April Meeting To Talk Digital Money
February 06, 2020  |  Cryptocurrency

Central bank leaders from six countries and the Bank for International Settlements (BIS) have planned an April meeting to discuss digital currencies and the parameters...

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Lawmakers Grill Consumer Groups On ‘Rent-A-Bank’ Schemes
Lawmakers Grill Consumer Groups On ‘Rent-A-Bank’ Schemes
February 06, 2020  |  Bank Regulation

At a Wednesday (Feb. 5) hearing before the House Financial Services Committee, representatives from several consumer groups said “rent-a-bank” schemes harm consumers through predatory lending....

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EU Seeks Internal Facebook Records Amid Antitrust Probe
EU Seeks Internal Facebook Records Amid Antitrust Probe
February 06, 2020  |  ANTITRUST

Antitrust investigators from the European Union (EU) have requested internal records from Facebook as its investigation into the tech giant intensifies, The Wall Street Journal...

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Consumers’ Appetite For Home DNA Testing Wanes Amid Privacy Concerns
Consumers’ Appetite For Home DNA Testing Wanes Amid Privacy Concerns
February 06, 2020  |  Safety and Security

The busy business of home DNA facing its first major test, as consumer demand for the products is beginning to dim. The issue was surfaced by...

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China’s Alibaba Sets Up Platform For Coronavirus Medical Supplies 
China’s Alibaba Sets Up Platform For Coronavirus Medical Supplies 
February 06, 2020  |  International

Chinese eCommerce giant Alibaba Group has set up a special platform featuring global medical supplies to help fight the Coronavirus. The Alibaba Global Direct Sourcing...

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Building The ‘Anti-Subscription’ Model For Online Kids’ Apparel
Building The ‘Anti-Subscription’ Model For Online Kids’ Apparel
February 06, 2020  |  Retail

Outfitting children can be a shockingly expensive proposition for parents. According to the United States Department of Agriculture, families might spend up to $1,280 annually...

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Postepay Customers Get Access To Western Union’s Platform
Postepay Customers Get Access To Western Union’s Platform
February 06, 2020  |  Cross-border Payments

Through an effort to enable cross-border payments, Postepay clients can now access the cross-border and cross-currency platform of Western Union to send funds around the world. The...

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