Credit Agencies news and trends

Banks Call For Greater BNPL Reporting Transparency
Buy Now Pay Later // May 07, 2024

In recent years, buy now, pay later (BNPL) platforms have gained popularity among consumers, offering a convenient way to finance purchases through installments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

GAO: Post-Equifax, Agencies Must Tighten Online ID Proofing
Safety and Security // June 17, 2019

After the massive Equifax data breach, a federal watchdog is warning the government against relying on credit agencies to verify the identifies of individuals using its services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

EU Watchdog Regulates Use Of Foreign Credit Ratings
Regulation // November 20, 2017

In the European Union, use of credit ratings that have their genesis outside the EU is about to get a little more stringent. Reuters reported that rating agencies operating “outside the bloc” must be “endorsed” by a credit rating agency that is in turn authorized...

Quick Reads
CFPB Sues Experian, Alleging Improper Investigations of Consumer Complaints

January 07, 2025
The Consumer Financial Protection Bureau (CFPB) sued consumer reporting agency Experian on Tuesday (Jan. 7), alleging that the company unlawfully failed to properly investigate consumer disputes and included incorrect information on credit reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no […]

Banks Call For Greater BNPL Reporting Transparency

May 07, 2024
In recent years, buy now, pay later (BNPL) platforms have gained popularity among consumers, offering a convenient way to finance purchases through installments. Get the Full Story Complete the form to...

GAO: Post-Equifax, Agencies Must Tighten Online ID Proofing

June 17, 2019
After the massive Equifax data breach, a federal watchdog is warning the government against relying on credit agencies to verify the identifies of individuals using its services. Get the Full...

EU Watchdog Regulates Use Of Foreign Credit Ratings

November 20, 2017
In the European Union, use of credit ratings that have their genesis outside the EU is about to get a little more stringent. Reuters reported that rating agencies operating “outside...