Banco Santander SA, with an eye on its units based in the United States, is taking a $4.8 billion goodwill impairment charge tied to its consumer lending unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
There may be a battle brewing in the U.S. House of Representatives over a bank regulatory relief bill that is wending its way through Congress, but the plan is gathering some steam, with support from various corners. Get the Full Story Complete the form to...
The Consumer Financial Protection Bureau (CFPB) released its latest monthly consumer complaint snapshot on Tuesday (March 1), showing a spike in recent months in the number of complaints from consumers about prepaid products. Get the Full Story Complete the form to unlock this article and...
Most of the time, the big battles in retail take place on the battlefields of brick-and-mortar storefronts and customers’ keyboards. However, that doesn’t mean all the money corporations spend on legal team retainers is completely wasted. Get the Full Story Complete the form to unlock...
The U.K.’s VocaLink processes 90 percent of the nation’s salaries, 70 percent of household bills and nearly the entirety of state benefits — meaning there is basically no business or person in the entire country that didn’t use its technology in some capacity last year. All...
The Consumer Financial Protection Bureau said Tuesday (Feb. 23) that it has taken two separate actions against Citibank, tied to both illegal debt sales and illegal debt collection practices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Some of the nation’s biggest food producers are facing a whopping $14 million lawsuit that alleges an “elaborate scheme” to secretly fund an initiative to kill a food labeling law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The ongoing fight between the Justice Department and Apple over encryption seems to be generating new high-profile public stances by the minute. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The subject of short-term lending never fails to be divisive, with consumer advocates of all stripes lining up on totally opposite sides of the arguments – depending upon how they define their advocacy. Get the Full Story Complete the form to unlock this article and...
