On May 8, the CFPB and the OCC each published reports identifying criminal regulatory offenses under their respective jurisdictions, as required by Section 4 of Executive Order 14294, “Fighting Overcriminalization in Federal Regulations.” The executive order directed agency heads to ...

Over 2.6 million federal student loan borrowers entered default in the first quarter of 2026, according to New York Fed data. That figure follows roughly 1 million additional defaults recorded in Q4 2025, meaning the problem isn’t just big, it’s ...

HSBC's chief executive George Elhedery said on Wednesday that the lender is calling on its staff to embrace artificial intelligence-driven changes as it aims to retrain its workforce to navigate the advanced technology and expand services. The remarks came a ...

INDIANAPOLIS— A new survey shows 95% of insured Americans still worry about hospital bills. The analysis by JG Wentworth also found $4,354 is the average breaking point for most people, meaning that’s the moment where a medical bill would create ...

The average FICO credit score across America was 714 in 2025, according to the Spring 2026 FICO® Score Credit Insights. That's down just a single point from a year ago, largely due to the return of student loan payments and ...

BNPL volume hitting about 70 billion dollars refers to the yearly flow of “pay‑in‑4” style loans, not a stock of outstanding debt, but it still signals that BNPL has become a meaningful parallel credit system with growing consumer‑protection and regulatory ...

Here's a comprehensive overview of the state AI regulatory landscape as of May 2026, with particular attention to areas most relevant to financial services, credit, and collections: The Big Picture State activity has exploded. Multistate.ai's tracker counts 1,561 AI-related bills ...

WILMINGTON, Del., May 19, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video, and AI technology research and development company, today announced that the company has signed a new IoT patent license agreement with a fintech company in ...

MANILA, Philippines — Philippine consumer spending is expected to grow by 4.4 percent this year, slower than initially anticipated, as prices are likely to continue rising, according to research and analysis firm BMI. “We hold a cautious but positive outlook ...