Source: en.wikipedia.org
The Consumer Financial Protection Bureau ordered Western Benefits Group to permanently cease operations and to pay a $400,000 penalty. The agency’s order also rescinds all the company’s existing agreements with consumers, the...
As the Consumer Financial Protection Bureau got an effective “green light” from the Supreme Court to keep operating, and as several bills have made their way out of committee...
A British treasury official has reportedly criticized proposed fraud reimbursement measures for banks and FinTechs. The plan would require those companies to repay fraud victims...
Change is inevitable, and businesses that initiate change have the best opportunity to manage it. That’s why embracing payments modernization is so important for organizations, particularly with...
The Consumer Financial Protection Bureau sued SoLo Funds, alleging that the online lending platform used “digital dark patterns” to illegally collect fees from borrowers. The lawsuit also alleged that SoLo Funds...
The House Financial Services Committee (HFSC) voted Thursday (May 16) to advance a bill that would raise the asset thresholds for several regulations covering banks from $10 billion to...
Eisen and Checkbook partnered to help financial institutions streamline payment disbursements and ensure compliance with consumer protection regulations. The companies’ new Disbursement Hub is designed to help financial institutions meet the...
The United Kingdom’s Competition and Markets Authority (CMA) will not investigate Microsoft’s partnership with artificial intelligence (AI) startup Mistral AI. “The CMA has decided that...
There are over 19,000 tax jurisdictions worldwide — any of which can change in an instant. With new and emerging payment rails, such as instant payments, helping to...