Funding Murphy co-founders, Marc Sanchez and Borja Sole | Image credit: Murphy Barcelona-based Murphy, a platform that uses AI for debt servicing, has emerged from stealth and secured $15M (nearly €12.84M) in combined pre-seed and seed funding. The investment round ...

Bank of America's (NYSE:BAC) June credit card delinquency ticked up marginally from the prior month, but the net charge-off rate was down, according to an SEC filing. BA Master Credit Card Trust II's delinquency rate rose marginally to 1.38% at June ...

RELATED PRACTICES & JURISDICTIONS On June 30, California Governor Newsom has signed AB 130, a budget trailer bill related to housing. This legislation includes new requirements for mortgage servicers of subordinate mortgages, defined in the bill, and took effect immediately ...

Cash App, a mobile payments service developed by Block Inc., has introduced a new contactless payments feature for its Cash App Business sellers in the U.S. This launch enables more than a million sellers to accept credit and debit cards, ...

Credit reporting firm, Experian, is raising the red flag on unscrupulous debt collectors in South Africa. As most middle-class South Africans are all too aware, the cost of living only continues to increase. Since COVID, the prime interest rate has ...

Rhode Island was the only New England state that still allowed the high-interest loans, which are generally regarded as predatory. The action capped 15 years of effort by consumer groups. Borrowers commonly get trapped in an endless cycle of debt ...

A federal judge has restored commissioner Rebecca Kelly Slaughter to her role at the Federal Trade Commission, ruling that President Donald Trump’s attempt to fire the Democratic appointee in March was illegal. U.S. District Judge Loren AliKhan issued the order ...

Experian logo is seen on a smartphone in front of displayed same logo in this illustration taken, December 1, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab July 15 (Reuters) - Credit data company Experian (EXPN.L), opens new ...

Photo: Adobe Stock July 16, 2025 Firelands Federal Credit Union, based in Ohio, selected Mahalo Banking as its digital banking partner. It will offer a variety of digital banking tools to offer Firelands members better control of their finances, according ...