Consumer groups are speaking out against a Senate measure that would overturn the Consumer Financial Protection Bureau’s auto lending regulation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Ecuador’s Banco del Austro and Wells Fargo have reached an out-of-court settlement over a 2015 cyber heist, and that suit could have an impact on a planned suit by Bangladesh’s central bank. Get the Full Story Complete the form to unlock this article and enjoy...
The prospect of increased regulation may be worrying the likes of Facebook, Google and Twitter – but for PayPal, it would be nothing new. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
As regulators seek to impose a $1 billion penalty on Wells Fargo over mortgage fees and car insurance, the bank said on Friday (April 13) that its first-quarter earnings are subject to change, The Financial Times reported. Get the Full Story Complete the form to unlock this...
JPMorgan Chase is being sued in Manhattan federal court for allegedly charging surprise fees when it stopped allowing its customers to buy cryptocurrency with credit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In regulatory land, spring has sprung, to borrow a seasonal phrase. Tax season lurches to its end, and thoughts turn to who spends what and where and how. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Alibaba’s Chief Executive Jack Ma warned in an op-ed in The Wall Street Journal on Wednesday (April 11) that a trade war between the U.S. and China would harm all parties involved. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In his first semiannual report to Congress, Mick Mulvaney said he is taking a narrow approach to running the Consumer Financial Protection Bureau (CFPB). Mulvaney, who is temporarily running the agency, is also the White House budget chief, Bloomberg reported. Get the Full Story Complete...
The U.S. Senate Banking Committee is planning to repeal the Consumer Financial Protection Bureau’s (CFPB) indirect auto lending and leveraged lending rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...