Pivoting from concerns and risks around financial technology innovation in the banking system, the U.S. Comptroller of the Currency said the agency will roll out a new framework for regulating marketplace lending. Get the Full Story Complete the form to unlock this article and enjoy...
As the fallout continues from last week’s revelations about Wells Fargo‘s “out-of-the-box” methods for upping consumer enrollment in their various products (which included signing consumers up for products without so much as getting their permission or even informing them), there seems to be some slightly...
Last week, the CFPB came down on Wells Fargo when it exposed its egregious business practices, all in the name of being focused on the customer. And for that, Karen Webster says, the CFPB should be commended for a job well done. Wells, on the...
Facebook’s WhatsApp, Apple’s FaceTime and Skype are all on the European Commission’s list, which would include tightening security regulations. After alluding to it last month, the commission is expected to release a revamped proposal of new regulations next week, which will likely include telecom and...
A debt relief operation, which went by the names “Payday Support Center” and “Infinity Client Solutions,” has been banned by the Federal Trade Commission from the debt relief business under a settlement with the FTC. Get the Full Story Complete the form to unlock this...
The FAA does not take kindly to phones that are likely to explode mid-flight. And in that light, it is somewhat unsurprising that the U.S. federal air safety regulator is singling out the Samsung Galaxy Note 7. Once reports started emerging that a small handheld...
New York State workers who get paid via prepaid card will have more consumer protections starting next year. 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...
If startup innovators and finance experts are struggling to keep ahead of the curve in the rapidly evolving digital and physical finance world, educators and curricula developers are surely a few steps behind. The Consumer Financial Protection Bureau (CFPB) has released a report that contains...
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