FinTech
New York Sues DailyPay and MoneyLion Over Alleged Illegal Loans
State Authorities Target Lending Practices to Protect ConsumersHighlights: New York State has filed a lawsuit against DailyPay and MoneyLion for allegedly offering illegal loans.The...
FinTech
House of Representatives Terminates CFPB Oversight of Major Tech Payment Apps
New Developments in Financial Regulation: What the End of CFPB Oversight Means for Consumers and Tech CompaniesHighlights: The House of Representatives voted to eliminate...
FinTech
Americans Lost $3 Billion to Impersonation Scams in 2024
Uncovering the Alarming Rise of Impersonation Scams and Their Impact on ConsumersHighlights: The impersonation scams resulted in a staggering loss of $3 billion for...
FinTech
PSR Criticized for Lack of Vision in Addressing Card Scheme Fees
Calls for Stronger Regulatory Action on Payment Systems RevealedHighlights: The PSR is under scrutiny for implementing insufficient measures regarding card scheme fees.Stakeholders are demanding...
FinTech
Santander Wins Groundbreaking App Fraud Retrieval Case
A landmark legal victory highlights the importance of consumer protection and financial technology security.Highlights: Santander successfully retrieves funds lost due to app fraud.The case...
FinTech
Senate Votes to Eliminate CFPB Oversight of Big Tech Payment Apps
What the Senate's decision means for fintech regulation and consumer protection.Highlights: The Senate has voted to remove the Consumer Financial Protection Bureau's oversight of...
FinTech
CFPB Dismisses Lawsuit Against JPMorgan, Bank of America, and Wells Fargo Over Zelle Fraud Claims
Understanding the Implications of the CFPB's Decision on Digital Payment PlatformsHighlights: The Consumer Financial Protection Bureau has dropped its lawsuit against major banks regarding...
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