The Consumer Financial Protection Bureau got the nod Friday (Jan. 20) from a California appeals court that it can go after Native American tribal lenders that market payday loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The peaceful transition of power in the United States was marked by a lot of pomp and circumstance — and payments. A lot of money was spent prepping, hosting and commemorating the inauguration of our 45th President. But how does the lead up to yesterday...
Geoswift, a provider of cross-border payment solutions between China and the rest of the world, announced Wednesday (Jan. 18) that its U.K. unit, Geoswift UK, has received authorization as a payment institution from the Financial Conduct Authority (FCA). With the authorization, Geoswift UK can conduct...
The financial regulatory landscape has been one fraught with questions as to how far regulation should, and can, go. Opponents targeting new regulations, The New York Times reported, have claimed that more rules would encroach on separation of powers. Get the Full Story Complete the...
The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city. Get the Full Story...
On Tuesday (Jan. 17) top Democrats announced plans to defend the Consumer Financial Protection Bureau if President-elect Donald Trump moves forward with removing Richard Cordray as head of the CFPB upon being sworn in later this week, American Banker reported. Get the Full Story Complete...
The financial services regulator for the state of New York said Tuesday (Jan. 17) that it “formally opposed” charters that would let FinTech firms, including online lenders, operate nationwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Trump Tweet Trade. Say it five times fast. 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 completing this form,...
The FTC is cracking down on robocall telemarketing businesses, announcing last week it cracked down on two such companies that have been making robocalls to consumers that have been on the National Do Not Call Registry since 2012 or even earlier. Get the Full Story...
