White House budget director Russell Vought announced Wednesday that he intends to shut down the U.S. Consumer Financial Protection Bureau (CFPB), a position that appears to contradict the Trump administration’s arguments in ongoing court proceedings, according to Courthouse News. Get the Full Story Complete the...
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Industries are scrutinizing B2B payment methods to drive liquidity and resilience, Boost Payment Solutions Head of Customer Data and Insights Zach Lynn writes in a new PYMNTS eBook, “Headlines That Will Shape the Close of 2025.” Get the Full Story Complete the form to unlock...
What was once a stopgap for hard times is fast becoming a fixture of American financial planning. According to a new PYMNTS Intelligence report, “Do the (Side) Hustle: Four in 10 U.S. Consumers Seize the Opportunity to Earn More Income,” side hustles now make up nearly half...
The 2020s have been a decade of unlikely partnerships. FinTechs that once vied for deals with national banks are now joining forces with credit unions, the community-rooted cooperatives once viewed as too small or too slow to drive digital innovation. Get the Full Story Complete...
The golden rule of business is that operational inefficiency can cost enterprises both their time and their money. 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...
Federal banking regulators are reportedly preparing to propose a plan that would reduce the community bank leverage ratio from the current 9% to 8%, which is the lowest amount allowed by law. Get the Full Story Complete the form to unlock this article and enjoy...
The Federal Reserve’s latest Beige Book paints a familiar picture of an economy searching for direction, one defined less by momentum than by hesitation. In the 56-page report released Wednesday (Oct. 15), the word “uncertainty” appears 40 times, while “optimism” surfaces only 13, a linguistic...