As is their monthly custom, the Consumer Financial Protection Bureau released its monthly summary of consumer complaints. Once again, the credit reporting bureaus led the field with creating consumer dissatisfaction, with both false data appearing on consumer reports and difficulty in getting that data removed...
This month’s consumer complaint snapshot, released by the Consumer Financial Protection Bureau on Tuesday (May 24), shows credit reporting issues remain a serious pain point for consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Serious Fraud Office (SFO) of the U.K. is taking a second look at one of its practices that has raised criticism in the past following a report published by the Crown Prosecution Service Inspectorate (CPSI). Get the Full Story Complete the form to unlock...
Will artificial intelligence help banks navigate the complexities of compliance more effectively? 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...
Uber, Lyft and the ridesharing economy just got another opponent in Congress. 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 the latest chapter of the Lending Club drama, on Thursday (May 19), it came to light that New York’s highest-ranking financial regulator has launched an official inquiry into the online alternative lender. The newest probe, as disclosed to The Wall Street Journal by an unnamed...
On Wednesday (May 18), the Consumer Financial Protection Bureau said that it, along with four other federal regulatory agencies, issued guidance covering the oversight of consumer deposit discrepancies. The agencies said that the interagency guidelines state that the banks should “avoid or reconcile” what is...
Socure announced a major upgrade to its digital identity verification solution, which now encompasses expanded compliance coverage and global watchlist filtering. 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...
President Trump, should it be so, could be gunning for a lot of folks, not least of them a pair much in the spotlight of Wall Street: Dodd and Frank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
