CFPB Zelle Lawsuit: Payment Platform Sued Over ‘Widespread Fraud’
January 26, 2025 10:44 am Leave your thoughtsOn December 20, 2024, the Consumer Financial Protection Bureau (CFPB) hit the operator of Zelle and three of its owner... View Article
Author Archives for steve
Capital One’s SWOT analysis: merger with Discover reshapes card stock outlook
January 26, 2025 1:14 am Leave your thoughtsCapital One Financial Corporation (NYSE:COF) has been making waves in the financial services industry with its recent strategic moves, most... View Article
FTC’s Info Security Action Against GoDaddy Sends ‘Clear Signal’ to Web Hosting Industry
January 26, 2025 12:57 am Leave your thoughtsLast week, the Federal Trade Commission ordered web hosting company GoDaddy to establish a “comprehensive information security program” to settle... View Article
Ex-FTC Chair Lena Khan says regulators need to scrutinize private-equity firms
January 26, 2025 12:51 am Leave your thoughtsFormer Federal Trade Commission Chair Lena Khan said U.S. may face “catastrophic consequences” if antitrust officials in the Trump administration... View Article
US existing home sales rise to 10-month high in December
January 26, 2025 12:07 am Leave your thoughtsExisting home sales increase 2.2% in December Sales in 2024 totaled 4.06 million, lowest since 1995 Median existing home price... View Article
AmEx profit jumps on resilient credit card spending
January 25, 2025 7:01 pm Leave your thoughtsAmEx profit jumps on resilient credit card spending Jan 24 (Reuters) – American Express reported a 12% jump in fourth-quarter... View Article
Chase’s auto loan division, whose partners include McLaren and Aston Martin, holds steady as other banks flee sector
January 25, 2025 6:12 pm Leave your thoughtsLike many other Americans, luxury car owners make monthly auto payments. When they pay, it is often to entities that... View Article
Student Loan Forgiveness Update: Trump DOJ Makes Supreme Court Move
January 25, 2025 8:31 am Leave your thoughtsPresident Donald Trump‘s new Justice Department on Friday requested the U.S. Supreme Court freeze a case involving student debt. Why... View Article
Trump executive order bans central bank digital currencies in financial privacy win
January 25, 2025 8:30 am Leave your thoughtsStrong repudiation of CBDCs: In an executive order released yesterday (called “Strengthening American Leadership in Digital Financial Technology”), Trump gave those... View Article
Trump Team Debates Bank Watchdog Picks As Chopra Remains At CFPB
January 24, 2025 11:59 pm Leave your thoughtsAs two Biden-era appointees leading bank watchdogs continue to show up to work this week, some Donald Trump supporters are... View Article
