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January 8, 2024
The warnings from the Computer & Communications Industry Association (CCIA) -- whose members also include Amazon, Facebook parent Meta and X, formerly known as Twitter -- responded to November's proposal by the U.S. Consumer Financial Protection Bureau (CFPB), which said tech giants' smartphone payments and wallets services rivaled traditional payment methods but lacked the same consumer safeguards. The CFPB proposal, which has yet to be finalized, would subject such companies to...
January 4, 2024
According to a recent report by the Consumer Financial Protection Bureau (CFPB), college loyalty doesnโt translate into sound financial sense.
December 29, 2023
Two federal agencies are suing the owners of Colony Ridge saying they prey on Spanish-speakers.
December 28, 2023
What took place this week in the credit card and payment industries
December 21, 2023
In his latest effort to protect consumers, President Biden is promising to save Americans billions each year by eliminating so-called "junk fees."
December 7, 2023
Credit cards are among the most profitable financial instruments for banks. They will be even more profitable this year.
December 5, 2023
The Consumer Financial Protection Bureau is proposing a new federal rule that would provide oversight of digital wallet companies.
December 5, 2023
Life happens, and there will be times when you fall behind on bills. As you struggle to get your finances in order, you could fall behind on rent and deal with a possible eviction. It's important to...
December 4, 2023
Sen. Elizabeth Warren, D-Mass., is pressing the Pentagon to improve its policies to safeguard troops from excessive medical debt.
December 1, 2023
Last month, the Justice Department (DOJ) and the Consumer Financial Protection Bureau (CFPB) issued a joint statement that reminded financial institutions that all credit applicants are protected from discrimination on the basis of their national origin.