Backpage was hit with two lawsuits this week, one in federal court in Arizona and the other in federal court in Florida, over allegations the company facilitated sex trafficking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Jessica Rich, head of the FTC’s consumer protection bureau, is leaving the agency. 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....
The Consumer Financial Protection Bureau consumer complaint database, which proponents say has the biggest impact on helping American consumers, could go away under President Trump’s White House, which is aiming to dismantle a lot of the regulation put in place by former President Obama. Get...
The FTC’s Bureau of Consumer Protection has a new acting head. Thomas Pahl was named by acting chairman of the FTC, Maureen Ohlhausen. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
After a long period in the deep freeze, startup banks are showing some early signs of life in the U.S. economy. According to reports, eight separate groups have filed applications with the FDIC to open new banks. That is the largest number of new bank...
The Consumer Financial Protection Bureau (CFPB) and the New York attorney general have filed a lawsuit against RD Legal Funding, LLC, as well as Roni Dersovitz, the company’s founder and owner, for allegedly scamming 9/11 heroes out of money they needed to cover medical costs,...
Ethics watchdogs are up in arms after court documents from an ongoing libel lawsuit against the Daily Mail suggest that Melania Trump might intend to use her high-profile position as First Lady for profit. Get the Full Story Complete the form to unlock this article...
Molly Wilkinson, executive director of the Electronic Payments Coalition, argued in a Forbes report Tuesday (Feb. 7) that the new Congress under President Donald Trump should reconsider the Financial CHOICE Act that repealed price controls under the Dodd-Frank Act. Get the Full Story Complete the form...
On Monday (Feb. 6), Philadelphia Federal Reserve Bank President Patrick Harker said that increased regulatory oversight of the growing FinTech sector is necessary. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
