The Consumer Financial Protection Bureau released its monthly complaint report Wednesday (May 31) that showed older consumers frequently report servicing problems with reverse mortgages, difficulties recovering money after financial scams, confusion around deferred interest credit cards and frustration when experiencing charges for unauthorized add-on products. Get...
After seven years of offering close scrutiny to any and all aspects of consumer lending — mortgage underwriting, car loans, short-term lending, credit cards, debt collection, pre-paid cards, arbitration — as of this month, the Consumer Finance Protection Bureau is broadening its horizons into small business lending...
Retailers — led by Walmart — seem to have beaten back an attempt to raise swipe fees, according to Congressional aides speaking to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Deutsche Bank received a letter from a group of Democrat senators Thursday (May 24) requesting information on two internal reviews the financial services company conducted about Russia and President Donald Trump. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Constitutional after all? 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 form, you agree to receive marketing communications...
When developing a new business, it’s safe to say that there are a few things to consider before launching to the public. Aside from company name and intellectual property, new companies may also want to check into logos currently in use by other businesses. Get...
The Consumer Financial Protection Bureau (CFPB) and its director Richard Cordray’s fate lies in the hands of an appeals court that will hear oral arguments on Wednesday (May 24) in a case between the CFPB and lender and loan servicer PHH Corp. Get the Full...
Patent trolls may have to go back under a bridge. 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...
The Consumer Financial Protection Bureau (CFPB) will see a federal appeals court hear oral arguments later this week on the constitutionality of the government watchdog in the case of PHH Corp. versus CFBP. Get the Full Story Complete the form to unlock this article and...
