The Consumer Financial Protection Bureau (CFPB) has extended the effective date on its 2016 prepaid card rule, among other modifications announced today (Jan. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
More than half of companies surveyed by SWIFT and Dow Jones Risk & Compliance last year said they plan to invest in RegTech in the coming years, and most agree that technology has enabled a greater ability to remain compliant with key regulations surrounding anti-money...
The U.K.’s new Open Banking rules, which enable FinTechs to branch into the mainstream banking industry, are being held up as big banks delay making the changes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Consumer Financial Protection Bureau (CFPB) has dropped its investigation into World Acceptance Corp., which had been accused of taking advantage of low-income borrowers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Jelena McWilliams, nominated by President Donald Trump to head the Federal Deposit Insurance Corporation (FDIC), said Tuesday (Jan. 23) that she would investigate the “hold-up” regarding the issuance of lending licenses if granted the position. Get the Full Story Complete the form to unlock this...
It looks like the fight over who will lead the Consumer Financial Protection Bureau (CFPB) is coming to an end, as a federal appeals court agreed to expedite the appeal seeking to unseat acting Director Mick Mulvaney. Get the Full Story Complete the form to...
Mick Mulvaney — the White House’s head of the Office of Budget and Management and the interim director of the CFPB (barring a court ruling that changes that) — has a new mission for the government agency that he is temporarily in charge of. Get...
And now begin the lawsuits. 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, PYMNTS Today. By completing this form, you agree to receive...
An independent management team has resigned from the Woodbridge Group of Companies after the SEC accused the firm of being a Ponzi scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
