Republicans in Congress are trying to overturn a Biden-era rule that would slash excessive overdraft fees charged by big banks. The House Financial Services Committee voted Wednesday to repeal the rule, which limits most big bank overdraft charges to $5, ...

More than 90 lawyers, advocates and debt collectors are owed more than R500-million for debt recovery work they did for the City of Joburg Metro amidst allegations that some officials are getting kickbacks paid in cash from debtors.  The disgruntled ...

Using the Congressional Review Act, the Senate has voted to nullify a CFPB final rule that would subject large cash apps to the bureau’s supervision. The Senate voted 51-47 to adopt S.J. Res 28, a resolution that under the CRA, ...

On March 1, and despite recent policy shifts under the new administration, the CFPB sent a letter to the judge overseeing its lawsuit against a fintech lender in the United States District Court for the Southern District of New York, stating ...

The Federal Trade Commission (FTC) is launching a probe into leading technology companies’ content policies and user bans, Chair Andrew Ferguson announced Thursday, suggesting their actions could amount to illegal censorship. “Big Tech censorship is not just un-American, it is ...

WILMINGTON, Del., March 12, 2025 (GLOBE NEWSWIRE) -- Brand Engagement Network Inc. (BEN) (NASDAQ: BNAI), an innovator in AI-driven customer engagement solutions, has announced its support for California Assembly Member Carl DeMaio's proposed AI data privacy legislation. This bill, which ...

What You Need to Know: Consumer submissions and DFPI’s Crypto Scam Tracker helped the CA DOJ shut down 26 scam websites and counting, while uncovering new scam types and $4.5 million in consumer losses.  SACRAMENTO, CA – The Department of ...

Covered entities must submit their annual compliance notifications for 2024 by April 15. Plus, new security measures are being introduced May 1. 03/11/2025 4:05 P.M. 2 minute read The New York Department of Financial Services (NY DFS) is preparing covered ...

The U.S. Federal Trade Commission (FTC) said today that Americans lost a record $12.5 billion to fraud last year, a 25% increase over the previous year. Consumers reported that investment scams resulted in the highest losses, totaling around $5.7 billion ...