A federal appeals court restored a temporary pause on mass firings at the Consumer Financial Protection Bureau, as internal emails show agency leaders raced to terminate 90% of workers earlier this month after the appellate panel previously allowed the layoff ...

A congressional watchdog group is investigating President Trump’s efforts to dismantle the Consumer Financial Protection Bureau (CFPB) after some Senate Democrats requested the agency examine the ongoing actions and attempts to remove nearly all its staff. The Government Accountability Office ...

Coinbase is removing fees for purchases of PayPal's dollar-backed stablecoin Coinbase and PayPal will collaborate on “stablecoin based solutions” for payments and commerce as well as potential use cases for PYUSD in decentralized finance. Earlier this week, stablecoin titan Circle, ...

Francesco Burelli, Partner, and Malte Thom, Associate at Arkwright Consultingdiscuss one of the biggest current developments in the BNPL market - B2B payments, and whether they live up to their promises.  The business-to-business (B2B) payment credit landscape has long been ...

The Federal Reserve has withdrawn four crypto-asset related advisories, including ones that required banks to inform the Fed of planned activities in advance or receive a non objection letter. The two other main federal banking regulators, the Office of the ...

A record-high percentage of U.S. households are making only minimum payments on their credit cards, according to new data released by Apollo Global Management Inc. Chief Economist Torsten Slok. What Happened: In a report titled “How are U.S. consumers and ...

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Consumer, business and credit information services agency Experian has experienced a breach of data which has exposed personal information of as many as 24 million South Africans and 793 749 business entities to a suspected fraudster. Photo: Pixabay JOHANNESBURG – ...

MBA estimates that almost $1 trillion's worth of loans are maturing in 2025. Source: Mortgage Bankers Association Commercial mortgage delinquencies increased in the fourth quarter of 2024, according to the Mortgage Bankers Association’s latest commercial delinquency report. Commercial mortgage delinquency ...