The IRS has been using a John Doe summons to get access to taxpayers’ bitcoin information and is now using the same tactic to get debit card information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
We’re just a few days into a new presidential administration and not that much longer into a new Congressional term. Looking at the U.S. economy, as it stands now, and policies that may come to bear over the next few months, what might be the...
While it seems the House Financial Services Committee is getting ready to move full steam ahead on removing CFPB Executive Director Richard Cordray from his role as head of the consumer watchdog group, Democratic state officials are working on the other end to try to...
Swedish biometrics firm Fingerprint Cards, a global market leader in biometric sensor technology for smartphones, announced on Monday (Jan. 23) that the company’s former chief executive officer and a current board member had both been taken into police custody on suspicion of aggravated insider trading....
The Consumer Financial Protection Bureau announced Monday (Jan. 23) that it took separate actions against CitiFinancial Servicing and CitiMortgage for allegedly giving struggling homeowners the runaround when they were looking for options to avoid losing their homes. Get the Full Story Complete the form to...
The Consumer Financial Protection Bureau got the nod Friday (Jan. 20) from a California appeals court that it can go after Native American tribal lenders that market payday loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The peaceful transition of power in the United States was marked by a lot of pomp and circumstance — and payments. A lot of money was spent prepping, hosting and commemorating the inauguration of our 45th President. But how does the lead up to yesterday...
Geoswift, a provider of cross-border payment solutions between China and the rest of the world, announced Wednesday (Jan. 18) that its U.K. unit, Geoswift UK, has received authorization as a payment institution from the Financial Conduct Authority (FCA). With the authorization, Geoswift UK can conduct...
The financial regulatory landscape has been one fraught with questions as to how far regulation should, and can, go. Opponents targeting new regulations, The New York Times reported, have claimed that more rules would encroach on separation of powers. Get the Full Story Complete the...
