On Monday (March 6), CFPB Director Richard Cordray presented at the LendIt USA Conference, providing attendees with an overview of where the bureau stands on FinTech innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
While not often given credit for being the most forward thinking place in the U.S., Virginia is getting out ahead of the innovation scene by being the first place in the U.S. where delivery robots are legal. Many sources are erroneously reporting that Virginia is the...
The latest complaints snapshot from the CFPB is in — and once again, credit reporting has managed to lead the pack amongst things consumers are dissatisfied with. Of the approximately 29,000 complaints handled in January, there were 7,730 complaints about debt collection. Get the Full...
Guo Shuqing, the former head stock market regulator in China, has been appointed as chairman of the China Banking Regulatory Commission, replacing Shang Fulin, who was forced to retire after reaching the mandatory retirement age of 65. Get the Full Story Complete the form to...
A handful of companies that have had runs in with Google are doing some behind-the-scenes lobbying with members of the White House in an attempt to play a role in who is chosen to head the Federal Trade Commission. Get the Full Story Complete the...
Dragged into the Wells Fargo false account scandal by questions as to whether or not retail bankers improperly sold its insurance, Prudential Financial Inc has made it clear it may look to Wells Fargo to cover its costs. The improper insurance account openings have made Prudential the...
President Donald Trump is reportedly considering a former OneWest Bank employee for a spot in his administration, said The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
As of 2017, there are 28 total states that have voted to legalize marijuana in some form for medical purposes — and 8 states, plus the District of Columbia, have voted for full legalization. Get the Full Story Complete the form to unlock this article...
U.S. banks are revving up to take on a big lobbying battle with the goal of ending limits on debit card fees that they claim fail to really help consumers. They also allege that the limits have added up to a $42 million windfall for...