Biden Backs CFPB Crackdown On Late Credit Card Fees
A new proposal by the US Consumer Financial Protection Bureau (CFPB), backed by President Joe …
US Agency Launches Credit Cards Market Review
The Consumer Financial Protection Bureau has launched a public consultation as part of its biennial …
SEC Charges Nexo With Unregistered Securities Violations, Settles On Same Day For $45m
Nexo, a Bulgaria-based crypto lending and trading platform, has agreed to a $45m settlement after …
US BNPL Users Charged Several Times Due To Technical Glitch
American users of buy now, pay later (BNPL) provider Affirm have taken to social media …
Bank Of Thailand Asks For Public Comment On Virtual Bank Framework
The Bank of Thailand has announced that it is now accepting public feedback on its …
US Consumer Watchdog Wants New Rules For Credit Reference Agencies
Although improvements have been made, the Consumer Financial Protection Bureau has warned that new compliance …
UPDATE: Trade Associations Express Cautious Optimism About New EU Consumer Credit Agreement
Following the EU’s negotiations on new consumer credit rules, key Brussels lobbyists have welcomed the …
BNPL Targeted As EU Agrees New Credit Rules
Negotiators from the European Council and the European Parliament have reached a provisional agreement on …
Singapore Clarifies BNPL Data Will Not Be Shared With Financial Institutions
Singapore’s top central banker has fielded parliamentary questions on the country’s buy now, pay later …