The U.S. Consumer Financial Protection Bureau (CFPB) has ordered JPMorgan Chase to pay $4.6 million for allegedly failing to disclose accurate information in checking account screening reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
An outside advisor to President Donald J. Trump, Corey Lewandowski, said Sunday (July 30) that Consumer Financial Protection Bureau (CFPB) Director Richard Cordray should be fired. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Not all financial services regulation is occurring across the pond, though Brexit and other countries grabbed their share of headlines this past week for our Regulatory Tracker. In the United States, President Trump’s nominee for the Fed’s supervision efforts said it is time to mull...
The Electronic Privacy Information Center is asking the FTC to take a closer look at Google’s new advertising program that attempts to tie consumers’ online actions with their later purchases in physical stores. Get the Full Story Complete the form to unlock this article and...
Varo Money, the digital banking fintech that has investment backing from Warburg Pincus, filed for a national banking charter and deposit insurance, putting the Trump administration’s policy to extend bank charters to fintechs to the test. Get the Full Story Complete the form to unlock...
Banks’ bottom lines may get a boost from deregulation from Capitol Hill. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
In an act that some are calling a governmental attempt to “mute a consumer megaphone,” the Trump administration is looking to make the complaints logged by consumers into the CFPB complaints data base private (as opposed to publicly available, as they now are). Get the...
In the midst of tense Senate Intelligence Committee testimonials about Russia’s involvement with the U.S. election, there are talks circulating of the two countries working together to form a cybersecurity working group to combat the plethora of cybercrime and fraud cases stemming from online hackers....
Keith Noreika, the temporary head of the Office of Comptroller since May, is defending an idea that first came up under his predecessor Tom Curry: offering online lenders and FinTech startups banking charters. Noreika notes that the initiative will be good for making the United...
