The Consumer Financial Protection Bureau announced Friday (August 10) that it entered into a settlement agreement with Richard Moseley, Sr., Richard Moseley, Jr., and 20 interrelated corporate entities controlled by the two regarding payday loans. Get the Full Story Complete the form to unlock this article...
Federal Savings Bank‘s chief executive Steve Calk is being accused of helping Paul Manafort, the former Trump campaign chairman, secure loans in exchange for a post in the Trump administration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Tesla and its chief executive Elon Musk have been hit with two lawsuits by investors who are accusing Musk and his company of fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In a move that has surprised military families, the Consumer Financial Protection Bureau (CFPB) is planning to suspend routine examinations of lenders for violations of the Military Lending Act, which was designed to protect military service members and their families from financial fraud, predatory loans...
The judge in the federal tax fraud case against former Trump Campaign Chairman Paul Manafort called for a break in the case, as prosecutors sought to clarify comments made by the judge, according to a new report. Get the Full Story Complete the form to...
The head of the Telecom Regulatory Authority of India (TRAI), Ram Sewak Sharma, will stay on in his role for two more years. According to Reuters, his assignment was slated to end Friday (Aug. 10), but will now have the additional time to continue to shape rules...
The Trump administration is laying off 40 staff members at the Office of Financial Research (OFR), an independent bureau that analyzes market trends to detect financial risks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Some states are girding for a fight with the Trump White House over plans for the federal government to increase its role in overseeing the FinTech startup market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Law enforcement officials are seeing a rise in money laundering cases in Canada, and some say the country isn’t doing enough to clamp down on the criminal activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
