The Federal Trade Commission (FTC) has referred its previously announced federal court case against online cash advance firm Dave to the Department of Justice (DOJ). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Recent steps taken by the Federal Deposit Insurance Corporation (FDIC) will help ensure that fund managers are not “improperly influencing” decisions made by FDIC-supervised banks, Rohit Chopra, member of the FDIC board of directors and director of the Consumer Financial Protection Bureau (CFPB) said in...
Five banks entered into stipulated orders and written agreements with the Federal Deposit Insurance Corporation (FDIC) in November. 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...
For decades, compliance has been viewed as a necessary but costly burden — a box to check to avoid penalties, maintain licenses and keep regulators at bay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Sweeping changes to debit card interchange fees — and the ways debit transactions are facilitated — may come in 2025. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
New York is reportedly tightening its financial scrutiny as Donald Trump returns to office. 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...
Five groups representing banks and businesses sued the Federal Reserve on Tuesday (Dec. 24), saying its current stress testing framework is “opaque” and violates the law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
This year was marked by a steady drumbeat of regulations and rules — and requests from regulators for information and comments from financial services players — touching on everything from credit card late fees to data sharing. Get the Full Story Complete the form to...
Rocket Homes said Monday (Dec. 23) that it “will not rest” until it sees the dismissal of Consumer Financial Protection Bureau (CFPB) allegations that were announced Monday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
