The chairwoman of the U.S. House Committee on Financial Services, Maxine Waters, told the head of the Consumer Financial Protection Bureau (CFPB), Kathy Kraninger, that the organization needs to do better. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Buy now, pay later (BNPL) company Afterpay has pushed back against the Reserve Bank of Australia’s potential regulation of its fees. Afterpay claims it shouldn’t be considered as a payment system because of its smaller scale, and due to the fact that it must go...
At a Wednesday (Feb. 5) hearing before the House Financial Services Committee, representatives from several consumer groups said “rent-a-bank” schemes harm consumers through predatory lending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Antitrust investigators from the European Union (EU) have requested internal records from Facebook as its investigation into the tech giant intensifies, The Wall Street Journal reported on Thursday (Feb. 6), citing sources. Get the Full Story Complete the form to unlock this article and enjoy...
Google ad tools have taken center stage in the Justice Department’s antitrust investigation of the search giant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Tinder, the popular dating service, is under investigation by the Ireland Data Protection Commission (DPC) over how it uses data from customers, including issues over its transparency and compliance with obligations related to subjects’ data rights requests. Get the Full Story Complete the form to...
As part of an ongoing probe into Apple, the U.S. Department of Justice (DOJ) has contacted app developers to inquire about the company’s behavior and potential antitrust actions, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...
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As business loan performance drops off, U.S. banks are anticipated to rein in criteria this year, a Federal Reserve (Fed) survey showed on Monday (Feb. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...