Government On Jul 22, 2024 Gov. Phil Murphy today signed the Louisa Carman Medical Debt Relief Act which is expected to help New Jersey families avoid falling into medical debt and protect individuals from predatory medical debt collectors. The legislation, ...

US banking giant Citigroup will shell out $135.6 million to regulators for failing to fix longstanding issues with the bank’s risk management, compliance, data handling and internal controls. The Federal Reserve and the Office of the Comptroller of the Currency ...

BALTIMORE — The U.S. Senate Permanent Subcommittee on Investigations (PSI) issued a 62-page report on Zelle’s “insufficient consumer protection” when users lost money to scammers. Despite a legal mandate to reimburse fraud, the committee found consumers who reported scams were ...

Maryland’s governor recently signed the Maryland Online Data Privacy Act of 2024 (MODPA), making Maryland one of six states—along with Kentucky, Nebraska, New Hampshire, New Jersey, and Rhode Island—to pass a comprehensive privacy law this year. Overall, 19 states (and counting) now ...

Bank of America has closed more than 100 of its branches so far this year. It comes amid an ongoing bloodbath of national bank branch closures that has seen more than 500 local services shuttered since January. Bank of America, ...

The US House of Representatives Homeland Security Committee has called on CrowdStrike CEO George Kurtz to testify about a recent massive global outage, the Washington Post reported on Monday. This request comes in the wake of a catastrophic event that disrupted ...

US debt collection agency Financial Business and Consumer Solutions said it experienced a significant data security incident that compromised the sensitive personal information of more than 4.1 million customers. In a filing with the Office of the Maine Attorney General, ...

By Makailah Gause (Reuters) -Capital One Financial's profit fell 61% in the second quarter, it reported on Tuesday, as it set aside more money to cover losses on loans. The company was "continuing to lean into opportunities to grow and ...

The Federal Trade Commission is investigating if major companies are enabling a sinister-sounding practice known as surveillance pricing. The FTC has asked Mastercard, Revionics, Bloomreach, JPMorgan Chase, Task Software, PROS, Accenture, and McKinsey to provide information about products and services ...