Conspiracy theories about advertisers secretly listening to our phones have been around for years. Now, three companies are in trouble for allegedly pretending they could do just that. The Federal Trade Commission announced Thursday that Cox Media Group and two ...

A Nevada federal court has held payment processor Cliq (also known as CardFlex/Cliq) and two executives in civil contempt of a 2015 FTC order and imposed $6.5 million in sanctions for violations that enabled merchants to defraud consumers. What the ...

The Federal Trade Commission (FTC) on Wednesday said it has sent letters to a dozen major tech firms warning them that they are not in compliance with a law that sets standards for removing nonconsensual intimate images. The 12 firms ...

HSBC's chief executive George Elhedery said on Wednesday that the lender is calling on its staff to embrace artificial intelligence-driven changes as it aims to retrain its workforce to navigate the advanced technology and expand services. The remarks came a ...

Bank of America has agreed to a proposed 2.25 million dollar settlement to resolve a class‑action lawsuit over certain ATM fees charged at 7‑Eleven store ATMs operated by FCTI. What the lawsuit was about The case is Schertzer, et al ...

ABA and several other trade groups are backing the CFPB’s new mortgage-regulation reform agenda, while urging the Bureau to prioritize finalizing existing rulemakings and to focus changes on cost, complexity, and community-bank relief. What the ABA article is about The ...

Citigroup Inc.’s C subsidiary, Citibank N.A., has reported improving performance in its credit card metrics for April 2026 in a recent SEC filing. While delinquency and net charge-off rates declined compared with the prior month and the prior-year period, principal ...

The state’s Department of Financial and Professional Regulation says the system will bridge gaps caused by declining federal resolutions. The Illinois Department of Financial and Professional Regulation announced the launch of a new online portal designed to consolidate consumer complaints ...

The fintech firm is Parker, a Y Combinator–backed corporate card and banking startup that abruptly filed for Chapter 7 liquidation after raising more than $200 million. Who is the company? The firm is Parker, a fintech that provided corporate credit ...