From the perspective of local regulation and local law enforcement, the idea of a “new and improved” federal financial products regulator is generally met with skepticism. After all, the mission of consumer protection in the realm of financial products has been one in which state...
Summary The proposal to create a new agency to police consumer financial products has been the subject of much debate Dr. Bar-Gill sorts out and evaluates the different critiques levied against the proposed CFPA Act, in light of the underlying case for a new agency...
The credit card industry has few friends at the moment. The Credit Card Accountability Responsibility and Disclosure Act of 2009 recently signed into law by President Obama passed the House and Senate with broad bi-partisan support. The vote in the House on the final bill...
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 Today. By completing this form, you agree to receive marketing communications from PYMNTS...
The Effects of the Consumer Financial Protection Agency on Credit and Small BusinessesThe undersigned small business groups are writing to express concern over the creation of a Consumer Financial Protection Agency (CFPA) contained in financial regulatory reform legislation under consideration by your Committee. Get the...
The application wars in the mobile phone business are heating up. They will result in significant threats and opportunities for the payments biz. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
I was recently quoted in a Business Week article on October 29th, “Interchange Fees Make Strange Bedfellows” by Brian Burnsed. 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...
Latest buzz about PYMNTS 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 Today. By completing this form, you agree to receive...
Lots of people have been talking about the notion of social sites cannibalizing search. A friend mentioned this to me just today in the context of this article about Facebook’s dominance over the competition and the fact that Facebook last week topped Google as the...