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CFPB Plots Clampdown on BNPL

CFPB Plots Clampdown on BNPL

‘Buy now, pay later’ products should be subject to the same rules as other forms of credit, says director Rohit Chopra
Crypto Companies Cutting Ties with Embattled Silvergate

Crypto Companies Cutting Ties with Embattled Silvergate

The California-based bank has delayed publishing its annual report as it assesses the damage from crypto market turmoil
Banks Face Scrutiny on Profits

Banks Face Scrutiny on Profits

Bankers are finding themselves in the same position as oil and gas companies in terms of scrutiny...
Supreme Court to Rule on CFPB Funding

Supreme Court to Rule on CFPB Funding

ABA welcomes move to resolve ‘longstanding questions’ over bureau’s funding model
Two Lenders Punished for Actions Against Veterans

Two Lenders Punished for Actions Against Veterans

Majestic Home Loans shut down and TitleMax fined for misleading military personnel and their families
Regulators Sound Warning on Leveraged Loans

Regulators Sound Warning on Leveraged Loans

A report from the Fed, OCC, and FDIC warns on softening economic conditions affecting large loans
Scams Cost Hits $8.8B in 2024: FTC Data

Scams Cost Hits $8.8B in 2024: FTC Data

Investment scam victims lost more than $21,000 on average and $3.8 billion in total
How Crypto Can Affect Bank Liquidity

How Crypto Can Affect Bank Liquidity

Federal regulators are warning of volatility, flows, and concentration risks in the latest pronouncement to banks
Housing Market Declines in 2022 Fueled by Interest Rates unlikely to Stop

Housing Market Declines in 2022 Fueled by Interest Rates unlikely to Stop

The United States housing market peaked in June of 2022, but then declined by almost 5% in the second half of the year
New CEOs at BayFirst, Wintrust

New CEOs at BayFirst, Wintrust

Plus: OCC appoints technology chief, and there are new CFOs at Truxton Trust and Climate First Bank
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