Financial institutions in South Korea will be required to send borrowers a text message about possible debt adjustment when their loans become delinquent, and to do so within a few days of the missed payment.​ What the new rule does ...

Last October, the Federal Communications Commission (FCC or “Commission”) sought comments on modifying the “stop one means stop all” revocation of consent provision in its Telephone Consumer Protection Act (TCPA) rules. The FCC had previously delayed the effective date of ...

The CFPB’s earned wage access (EWA) opinion does far less to reshape the market than headlines suggest, mainly because it doesn’t change the hard constraints that already drive how most EWA fintechs operate.​ Core reasons impact is limited The opinion ...

Mountain America Credit Union has rolled out a new cloud-based lending platform for its business lending operations in partnership with fintech provider mysherpas.​ What was deployed Mountain America implemented mysherpas’ secure, cloud-based lending solution to support its commercial, small-business, and ...

Mastercard will remain the payment network for Apple Card. Credit: Primakov/Shutterstock.com JPMorgan Chase has agreed to take over the Apple credit card portfolio from its current issuer, Goldman Sachs. The deal is expected to shift more than $20bn in card ...

Massachusetts gaming regulators are investigating Caesars Sportsbook over a self-reported incident that one state official said could represent an “extremely serious” violation of the state law prohibiting use of credit cards for wagering. The Massachusetts Gaming Commission decided at a ...

Bankruptcy filings did jump significantly in 2025, but they are generally rising back toward, or modestly above, historical norms rather than signaling a full-scale financial collapse.​ How much did filings rise? In the United States, total bankruptcy cases in the ...

House Financial Services Chair French Hill has introduced the “Main Street Capital Access Act,” a Republican community‑banking package that would ease some capital requirements and tailor risk rules for smaller banks. The bill is framed as a way to spur ...

Baltimore has filed a civil lawsuit against fintech company Dave, Inc. over its “ExtraCash” cash‑advance product, accusing the firm of unfair, deceptive, and usurious lending practices that allegedly trap low‑income residents in cycles of debt. The city brings the case ...