Ridesharing services, like Uber, aren’t only the domain of the U.S. and Europe. They are now making their way to China in a more official and supportive manner. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A 42-year-old man charged with running a high-end counterfeit money scheme was hauled into a New York courtroom on Wednesday (July 27) after being extradited from Malaysia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Consumer Financial Protection Bureau, which was established in July 2011 on the heels of the financial crisis, has long tried to get credit card companies to disclose more about the rates and fees they charge, and it turns out it isn’t doing such a...
Depending on who you are and where you are in the world, the ISO 20022 framework can mean a lot of different things. Though the standard is nothing new, it’s continued to fuel ongoing confusion about what its true purpose is. Jan Estep, President and...
As is often the case with things associated with the Consumer Financial Protection Bureau, the database it uses to log consumer complaints is an oddly controversial and touchy topic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
When I read the announcement that the Second Circuit had reversed the decision approving settlement of the long-running class action challenging interchange, the short prelude to John Lennon’s “(Just Like) Starting Over” played in my head. That song, if you don’t know it, opens with...
Arguing about politics is an invitation to get drawn into an exchange of polemics, but economic analysis requires a more definite set of evaluations. That’s what makes financial regulation such a sticky subject on Capitol Hill. No matter the political persuasions, there seem to be statistics...
A consortium of regulatory agencies has issued a proposal that would help make annual adjustments to inflation that would be used to scrutinize small loans from mortgage loan appraisal requirements that carry hefty price tags. Get the Full Story Complete the form to unlock this article and...
The legislative and regulatory battles looming for the Consumer Financial Protection Bureau continue. The vast majority of United States senators have penned a letter urging the CFPB to let community banks and credit unions live free from additional regulations. Get the Full Story Complete the form...
