The Consumer Financial Protection Bureau (CFPB), under the charge of acting director Mick Mulvaney, will rein in its activities and aim to promote what it is calling a “free market” for financial services, according to Reuters reports. Get the Full Story Complete the form to...
The world’s first ICO regulations are coming, care of Gibraltar. The rapid global proliferation of initial coin offerings has become an issue of mounting concern among regulators and central banks around the world – in particular, the growth of ICOs has fueled massive growth in the...
A group of 31 Democrat and Independent U.S. senators are calling on the Consumer Financial Protection Bureau (CFPB) to provide information as to why the Bureau has halted its inquiry into the Equifax data breach that potentially exposed the personal information of 145.5 million customers....
Rabobank, a California unit of the Dutch cooperative, agreed Wednesday (Feb. 7) to turn over $368 million for processing funds that were tied to illicit activity, such as drug trafficking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The Consumer Financial Protection Bureau (CFPB) is putting out a call for public feedback on the agency’s performance. 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...
The founder and CEO of a failed startup has pleaded guilty for defrauding former employees. 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 daily newsletter,...
After a 45-minute meeting on Tuesday (Feb. 6), Comptroller of the Currency Joseph Otting had nothing but praise for acting Consumer Financial Protection Bureau (CFPB) Director Mick Mulvaney. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
U.S. Secretary of the Treasury Steven Mnuchin appeared to support pot companies storing their money in banks, testifying that the Treasury doesn’t want the marijuana business to remain a cash-based one. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
U.S. Treasury Secretary Steven Mnuchin says he has questions for the Consumer Financial Protection Bureau (CFPB) on its decision to pull back on the probe into last year’s Equifax hack that affected 143 million Americans. Get the Full Story Complete the form to unlock this...
