The summer torpor is about to dispel, and financial regulatory activity is about to heat up in Congress and beyond. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Overdraft fees cost U.S. consumers $15 billion in 2016, according to news from the Consumer Financial Protection Bureau (CFPB), the government watchdog that is out with a new report on the impact of bouncing checks in American finance. Get the Full Story Complete the form...
August 9th 2007 is a day that will live in something like infamy for all those who remember it — it was the day that the financial crisis and Great Recession were said to have officially kicked off. The date is picked because it was...
Australia’s largest mortgage lender — Commonwealth Bank of Australia — has been officially accused by its government of widespread violations of anti-money laundering and counter-terrorism financing rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A British-based cybersecurity researcher has been arrested by U.S. authorities on charges that he conspired to advertise and sell Kronos banking malware. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The U.S. Consumer Financial Protection Bureau (CFPB) has ordered JPMorgan Chase to pay $4.6 million for allegedly failing to disclose accurate information in checking account screening reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
An outside advisor to President Donald J. Trump, Corey Lewandowski, said Sunday (July 30) that Consumer Financial Protection Bureau (CFPB) Director Richard Cordray should be fired. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Not all financial services regulation is occurring across the pond, though Brexit and other countries grabbed their share of headlines this past week for our Regulatory Tracker. In the United States, President Trump’s nominee for the Fed’s supervision efforts said it is time to mull...
The Electronic Privacy Information Center is asking the FTC to take a closer look at Google’s new advertising program that attempts to tie consumers’ online actions with their later purchases in physical stores. Get the Full Story Complete the form to unlock this article and...