loans

Joint DOJ, CFPB Letter Puts Auto Financiers on Notice About Military Protections

Joint DOJ, CFPB Letter Puts Auto Financiers on Notice About Military Protections
Joint DOJ, CFPB Letter Puts Auto Financiers on Notice About Military Protections
July 29, 2022  |  CFPB

Auto finance companies were sent a joint letter from the U.S. Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) alerting them about...

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Car Loan Monthly Payments Top $700 in July
Car Loan Monthly Payments Top $700 in July
July 27, 2022  |  Transportation

For the first time ever, monthly car payments exceeded $700 in July. Get the Full Story Complete the form to unlock this article and enjoy...

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Apple’s Move Into BNPL Space Triggers Alarm at CFPB
Apple’s Move Into BNPL Space Triggers Alarm at CFPB
July 27, 2022  |  Apple

Apple’s move into the buy now pay later (BNPL) space has the attention of Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), who...

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Voyager: Bankman-Fried, Crypto’s ‘White Knight,’ Is Flying a False Banner
Voyager: Bankman-Fried, Crypto’s ‘White Knight,’ Is Flying a False Banner
July 25, 2022  |  Cryptocurrency

An offer by Sam Bankman-Fried’s FTX cryptocurrency exchange to give customers of bankrupt crypto lender Voyager Digital early access to their funds is really a...

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The Italian Firms Riding the Digital Lending, PropTech Innovation Wave
The Italian Firms Riding the Digital Lending, PropTech Innovation Wave
July 22, 2022  |  Real Estate

With a generally healthy FinTech ecosystem, Italy is especially prominent in the areas of digital lending and PropTech. Where the two converge, a thriving community...

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Gensler: SEC Wants to Register Crypto Lenders
Gensler: SEC Wants to Register Crypto Lenders
July 21, 2022  |  Cryptocurrency

If crypto lenders operate more like investment firms, they need to be registered as such, the head of the U.S. Securities and Exchange Commission (SEC)...

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42% of Consumers Would Switch Banks to Get Bundled Banking Products
42% of Consumers Would Switch Banks to Get Bundled Banking Products
July 20, 2022  |  Banking

Consumers’ desire for banking convenience has spurred their interest in bundled banking services. In fact, many consumers are willing to leave banks that fail to...

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Loan Loss Reserves Creep Up at Cautious Wells and Citi
Loan Loss Reserves Creep Up at Cautious Wells and Citi
July 15, 2022  |  Digital-First Banking

The banks see strength — in consumer spending, debit, credit and in a recession that may prove short-lived. Get the Full Story Complete the form...

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Today in the Connected Economy: JPMorgan’s Forecast Uncertain
Today in the Connected Economy: JPMorgan’s Forecast Uncertain
July 14, 2022  |  Connected Economy

Today in the connected economy, J.P. Morgan Chase reserves $428 million in additional funds to cover bad loans while posting a 28% drop in profits....

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