The Consumer Financial Protection Bureau sued nonbank financing company Vanderbilt Mortgage & Finance Monday (Jan. 6), saying the company made loans to consumers despite evidence...
The Federal Deposit Insurance Corporation (FDIC) rated five banks “outstanding” and one bank “needs to improve” in its latest monthly list of banks examined for...
The Consumer Financial Protection Bureau (CFPB)’s continued push for regulation of buy now, pay later (BNPL) firms offers up a dual-edged sword: The agency’s interpretive...
The Seattle-based parent company of HomeStreet Bank agreed to sell $990 million in multifamily commercial real estate loans to Bank of America. Get the Full...
Wirex added two new stablecoins to its digital payments platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Morgan Stanley reportedly upgraded its rating and price targets on shares of several credit card companies and lenders, citing stabilization in consumer credit and an...
The International Monetary Fund (IMF) said Wednesday (Dec. 18) that El Salvador will alter its bitcoin project as part of a staff-level agreement on a...
The Consumer Financial Protection Bureau (CFPB) is monitoring the consumer financial marketplace to spot companies’ attempts to charge junk fees in new ways after the regulator...
Embedded lending, the integration of credit offerings into platforms where consumers and microbusinesses (MSBs) can apply for credit directly during a transaction, is gaining traction...