The Consumer Financial Protection Bureau (CFPB) aims to boost competition in the credit card industry to deliver lower rates to consumers. The agency announced this...
Matt Janiga, legal counsel and director of regulatory and public affairs at Trustly, told PYMNTS that the Consumer Financial Protection Bureau’s open banking rule, commonly...
America’s three biggest consumer banks saw their overdraft fee revenues fall 25% in 2023. J.P. Morgan Chase, Bank of America and Wells Fargo collected $2.2 billion in total in those...
The debate between regulators and FinTechs over the state of earned wage access (EWA) innovations looks set to heat up through the next several months....
FIS has debuted a platform that lets its clients’ customers share banking data. The Florida-based global FinTech has signed agreements with data networks Akoya, Envestnet, Yodlee, MX and Plaid to integrate into...
Anticipation looms within the financial industry as the Consumer Financial Protection Bureau gears up to implement a rule governing consumer data sharing. The CFPB said...
The changing credit card landscape could mean trouble for department stores. Retailers like Macy’s and Nordstrom are dealing with a pair of card-related threats to...
Open banking is set to change the world. But viewed through the lens of what’s happened so far, and through the lens of the United...
Three members of Congress have urged the Consumer Financial Protection Bureau (CFPB) to reopen and extend the public comment period on its proposed rule that would allow it to...