loans

UK’s FCA Proposes Removing Contactless Limit to Allow ‘Greater Flexibility’

UK’s FCA Proposes Removing Contactless Limit to Allow ‘Greater Flexibility’
UK’s FCA Proposes Removing Contactless Limit to Allow ‘Greater Flexibility’
January 22, 2025  |  Legal & Regulation

The U.K.’s Financial Conduct Authority may remove the 100-pound (about $123) contactless limit and “set new digital service standards” as part of its efforts to...

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JPMorgan COO Pinto: Private Credit Small Business Lending Needs Monitoring
JPMorgan COO Pinto: Private Credit Small Business Lending Needs Monitoring
January 22, 2025  |  SMBs

J.P. Morgan Chase President and Chief Operating Officer Daniel Pinto is calling for more focus on relationships between small businesses and private credit providers. Get...

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CFPB: Mortgage Servicers Must Send Periodic Statements to Homeowners
CFPB: Mortgage Servicers Must Send Periodic Statements to Homeowners
January 20, 2025  |  CFPB

The Consumer Financial Protection Bureau said Friday (Jan. 17) it is monitoring the market to ensure that mortgage servicers don’t attempt to evade federal consumer...

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Regions Bank Q4 Sees Growth in Digital Transactions and Treasury Management
Regions Bank Q4 Sees Growth in Digital Transactions and Treasury Management
January 17, 2025  |  Earnings

Regions Financial Corp.’s fourth-quarter results detailed digital transactions are gaining ground among a user base that is turning to mobile and online channels for everyday...

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CFPB: Home Loan Protection Laws Apply to Home Equity Contracts
CFPB: Home Loan Protection Laws Apply to Home Equity Contracts
January 15, 2025  |  CFPB

Mortgage lenders offering home equity contracts must comply with laws like the Truth in Lending Act, according to the Consumer Financial Protection Bureau. Get the...

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Barclays, Synchrony Reportedly in Talks With Apple as Goldman Sachs Eyes Partnership
Barclays, Synchrony Reportedly in Talks With Apple as Goldman Sachs Eyes Partnership
January 15, 2025  |  Earnings

Goldman Sachs’ partnership with Apple that manages the Apple Card may end before 2030, Goldman Sachs CEO David Solomon said Wednesday (Jan. 15). Get the...

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Klarna Reportedly Eyes BNPL Loan Sale Ahead of IPO
Klarna Reportedly Eyes BNPL Loan Sale Ahead of IPO
January 14, 2025  |  BNPL

Klarna is reportedly selling a portfolio of installment loans as it prepares to go public. Get the Full Story Complete the form to unlock this article...

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CFPB Calls for Further Research Into BNPL’s Impact on Financial Health
CFPB Calls for Further Research Into BNPL’s Impact on Financial Health
January 13, 2025  |  BNPL

The Consumer Financial Protection Bureau (CFPB) said there is a need for more research into buy now, pay later (BNPL) after finding that BNPL borrowers held...

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