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The bank also lifts the deposit size required for its lowest variable rate as competition remains "incredibly hot"

KCB Group’s rank improved to position 1 in Q3’2022 from position 4 in H1’2022, majorly driven by a strong intrinsic score as well

Recent data indicates that more Kenyans may be taking loans to keep up with the rising cost of living.

To embed, copy and paste the code into your website or blog: Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory announcements, recap key enforcement actions, and preview upcoming deadlines and events. We also include links to our articles, blogs, and webinars with more analysis in these areas. We understand that keeping on top of the rapidly evolving regulatory landscape is more important than ever for businesses seeki...

To embed, copy and paste the code into your website or blog: On December 11, 2020, the Consumer Financial Protection Bureau (“CFPB”) and the Arkansas Attorney General reached a $600,000 settlement with Alder Holdings, LLC concerning alleged violations of the FCRA’s Risk-Based Pricing Rule.  Alder sells home-security and alarm systems, primarily door-to-door, on a nationwide basis.    The Complaint alleged that Alder violated the FCRA’s Risk-Based Pricing Rule, 15 U.S.C. § 1681m(h), which requires companies to provide notice when they provide consumers less favorable terms based o...