CFPB

CFPB Complaints About Bitcoin Increase Along With Its Price
CFPB Complaints About Bitcoin Increase Along With Its Price
August 30, 2017  |  Bitcoin

Complaints to the Consumer Finance Protection Bureau about bitcoin and other cryptocurrencies are increasing as the prices of both are on the rise. As of...

READ MORE >
CFPB’s Change Of Payday Lending’s Heart?
CFPB’s Change Of Payday Lending’s Heart?
August 29, 2017  |  Alternative Finances

The final payday lending rules are coming, but reporting by The Wall Street Journal over the weekend suggests that they may not take quite the toll on...

READ MORE >
CFPB Could Scale Back Payday Lending Rule To Get It Done
CFPB Could Scale Back Payday Lending Rule To Get It Done
August 28, 2017  |  Bank Regulation

The Consumer Financial Protection Bureau is gearing up to scale back its rule on payday lending, giving the industry a  potential break from oversight. According...

READ MORE >
Surprise Edition: Amex, Hackers And Starbucks E-Commerce Sign-Off
Surprise Edition: Amex, Hackers And Starbucks E-Commerce Sign-Off
August 28, 2017  |  Data Dive

Last week’s news cycle was all about surprises. Hurricane Harvey blew into the coast of Mexico as a “blob of weather systems” and instead snuck...

READ MORE >
This Week In Retail: Funding, Finance And Tech
This Week In Retail: Funding, Finance And Tech
August 25, 2017  |  Retail

This week in retail, we’ve seen news coming in from multiple sides, including that of Apple’s projected increase in smartwatch sales, U.K. online lender Prodigy’s...

READ MORE >
Today in Data: AmEx’s $96M Discriminatory Payout
Today in Data: AmEx’s $96M Discriminatory Payout
August 24, 2017  |  Today In Data

Fair practices among credit card companies are determined by the Federal Trade Commission. Most of the time, companies abide by the rules, but every now...

READ MORE >
AmEx Owes $96M To U.S. Territories Customers For Discriminatory Practices
AmEx Owes $96M To U.S. Territories Customers For Discriminatory Practices
August 24, 2017  |  Security & Fraud

The Consumer Financial Protection Bureau (CFPB) announced Wednesday (Aug. 23) that it has taken action against two American Express banking subsidiaries for discriminating against consumers...

READ MORE >
What Prepaid Card Rules Did On Their Summer Vacation
What Prepaid Card Rules Did On Their Summer Vacation
August 22, 2017  |  Prepaid

Prepaid cards have had a full year on the regulatory front, and the year isn’t over yet. Last week, the Credit Union National Association (CUNA)...

READ MORE >
CLEARR And CHOICE On The Hill, But Not On Payments Regs
CLEARR And CHOICE On The Hill, But Not On Payments Regs
August 22, 2017  |  Regulation

Capitol Hill offers the ultimate horse race. Following who’s up, down, in the running, out of the race and which bills might pass … Why...

READ MORE >