Source: en.wikipedia.org
The Federal Trade Commission (FTC) returned $392 million to consumers in 2022 after recovering the money in law enforcement actions. About $248 million of those refunds came from cases...
America’s consumer protection watchdog says it’s monitoring the banking sector’s use of AI-powered chatbots. The Consumer Financial Protection Bureau (CFPB) said Tuesday (June 6) that...
The Securities and Exchange Commission (SEC) is on a tear this week. After a brutal crypto winter, the summer of 2023 isn’t shaping up to be any better...
Banks’ and FinTechs’ pursuit of collaboration in recent years is an especially positive development, given that United States regulation around open banking likely will make...
Should artificial intelligence (AI)-generated content be labeled as such? If that content could be used to spread disinformation, then the answer is yes, European Commission deputy...
Despite claims the companies are separate, cryptocurrency giant Binance reportedly controlled accounts at its American affiliate. That’s according to a Monday (June 5) report by...
Nearly all banks view FinTech partnerships as important, but the partnership dynamics will be put to the test as new open banking regulations go into...
The Consumer Financial Protection Bureau (CFPB) has advised consumers to transfer money stored on payment apps to insured banks and credit unions. “Your money is at greater...
Smaller merchants may need more help navigating the new rules than ever before. As reported by The Wall Street Journal in May, international trade deals...