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Consumer Compliance - Banking Exchange
Nearly Two-Thirds of Consumers Oppose Regulation of Credit Card Reward Programs

Nearly Two-Thirds of Consumers Oppose Regulation of Credit Card Reward Programs

With 91% valuing reward programs, 63% would be disappointed to lose them to regulation
UK Watchdog Tells US Banks To Prepare for Motor Finance Redress Scheme

UK Watchdog Tells US Banks To Prepare for Motor Finance Redress Scheme

Lloyds Bank and Close Brothers have already put aside funds for potential redress
ICBA and USPS Partner On Initiative to Combat Check Fraud

ICBA and USPS Partner On Initiative to Combat Check Fraud

The education program aims to help the one in five Americans who have experienced check fraud or know someone who has
TD Bank Survey: Holiday Shoppers Plan to Trim Spending & Avoid Overspending This Year

TD Bank Survey: Holiday Shoppers Plan to Trim Spending & Avoid Overspending This Year

TD Bank's Annual Survey polled 2,000+ U.S. consumers regarding their money management habits
CFPB Finalizes Rule on Popular Digital Payment Apps to Protect Personal Data, Reduce Fraud, and Stop Illegal “Debanking”

CFPB Finalizes Rule on Popular Digital Payment Apps to Protect Personal Data, Reduce Fraud, and Stop Illegal “Debanking”

The final rule brings supervision to “Big Tech” and other widely used digital payment apps
Global BNPL Market to Reach $825bn in 2029

Global BNPL Market to Reach $825bn in 2029

The ongoing cost-of-living crisis and regions with underbanked consumers are fueling growth
CFPB Report Details Student Borrower Harms from Servicing Failures and Program Disruptions

CFPB Report Details Student Borrower Harms from Servicing Failures and Program Disruptions

Analysis of 18,000 borrower complaints reveals payment processing errors, inaccurate bills and repayment information, and unhelpful customer service
Consumer sentiment increased by 2.5 points in November

Consumer sentiment increased by 2.5 points in November

Consumer sentiment improved for the fourth consecutive month
UK Consumer Financial Complaints Rise 40% in First Half of 2024

UK Consumer Financial Complaints Rise 40% in First Half of 2024

The banking and credit sector continues to attract the highest number of complaints
Consumer Confidence Rebounds Ahead of US Election

Consumer Confidence Rebounds Ahead of US Election

Consumers are beginning to regain faith in the US Economy
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