Senators voted on Wednesday (April 18) to remove a 2013 piece of consumer protection legislation that was designed to stop discrimination in the auto lending market. By a vote of 51 to 47, Senators have officially unmade the CFPB guidance of a latter year, on the...
Watch out for falling … oh, wait, rising interest rates. 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. By completing this...
New York Attorney General Eric Schneiderman has announced the launch of the Virtual Markets Integrity Initiative, a fact-finding inquiry into the policies and practices of cryptocurrency trading platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Senate is set to vote to rescind the Consumer Financial Protection Bureau’s rule on auto lending as early as this coming Tuesday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Consumer groups are speaking out against a Senate measure that would overturn the Consumer Financial Protection Bureau’s auto lending regulation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Ecuador’s Banco del Austro and Wells Fargo have reached an out-of-court settlement over a 2015 cyber heist, and that suit could have an impact on a planned suit by Bangladesh’s central bank. Get the Full Story Complete the form to unlock this article and enjoy...
The prospect of increased regulation may be worrying the likes of Facebook, Google and Twitter – but for PayPal, it would be nothing new. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
As regulators seek to impose a $1 billion penalty on Wells Fargo over mortgage fees and car insurance, the bank said on Friday (April 13) that its first-quarter earnings are subject to change, The Financial Times reported. Get the Full Story Complete the form to unlock this...
JPMorgan Chase is being sued in Manhattan federal court for allegedly charging surprise fees when it stopped allowing its customers to buy cryptocurrency with credit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
