While most of the financial services world has been buzzing about the coming payday lending regulations expected shortly from the Consumer Finance Protection Bureau, it seems another set of new rules may be about to quietly jump the line. Get the Full Story Complete the...
It’s a big litigious party out in South Dakota these days, as the state is suing four eCommerce merchants for their lost sales tax – and different merchants (in a separate suit) are suing right back. According to various reports, the case could well find itself...
The Federal Trade Commission is investigating Venmo in an effort to determine if the P2P service has been involved in “deceptive or unfair practices.” PayPal, Venmo’s parent firm, acknowledged the investigation in an SEC filing yesterday (April 28). Get the Full Story Complete the form...
Uncle Sam may have just gotten a free pass to hack your computer. 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....
Has Uber reached its tipping point? 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...
The CFPB has its eye on the biggest marketplace lenders in the U.S., and it is leaning toward bringing those online businesses under its supervision within the next year or so. That transition would see this class of lenders facing — for the first time...
U.S. consumers logged growth in complaints to the CFPB, especially focused on debt collectors. Mortgages remain a problem in terms of accurate and timely communication with holders.
A number of companies are taking it upon themselves to get self-driving cars on the road, sooner rather than later. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Consumer Financial Protection Bureau said on Monday (April 25) that it ordered the debt collection law firm Pressler & Pressler, two principal partners and another debt buyer — New Century Financial Services — to “stop churning out unfair and deceptive debt collection lawsuits based...