PayPal Seeks Bank Charter
December 16, 2025 11:59 pm Leave your thoughtsPayPal has applied for a U.S. banking charter so it can create “PayPal Bank,” an industrial loan company in Utah... View Article
Author Archives for steve
FCC Chair Praises Trump Order On National AI Standards
December 16, 2025 11:27 pm Leave your thoughtsFCC Chair Brendan Carr is publicly praising President Donald Trump’s new executive order on artificial intelligence, describing it as a... View Article
Mortgage Trade Groups Back CFPB Plan To Revise ECOA
December 16, 2025 11:13 pm Leave your thoughtsMortgage and banking trade groups are broadly supporting the CFPB’s proposed revisions to ECOA/Regulation B, while consumer and civil rights... View Article
Older Americans Lost Up To $81.5B In The Past Year To Financial Fraud
December 16, 2025 7:19 pm Leave your thoughtsOlder Americans are estimated to have lost as much as $81.5 billion to financial fraud in 2024, once unreported scams... View Article
Walmart Opposes Visa-Mastercard Antitrust Settlement
December 16, 2025 7:09 pm Leave your thoughtsWalmart and several other large U.S. retailers are asking a federal judge to reject the latest proposed antitrust settlement with... View Article
FTC Will Require Illusory Systems to Return Money Stolen by Hackers and Implement an Information Security Program
December 16, 2025 5:36 pm Leave your thoughtsThe FTC alleged that Illusory’s security failures allowed hackers to exploit a coding vulnerability and steal $186 million from consumers... View Article
OCC Announces Conditional Approvals for Five National Trust Bank Charter Applications
December 16, 2025 4:39 pm Leave your thoughts WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced its conditional approval of five national trust bank... View Article
Why would an A+++++ economy have so many bankruptcies?
December 16, 2025 2:30 pm Leave your thoughtsAn economy can post “A+++++” headline numbers like strong GDP growth and low unemployment while still seeing many bankruptcies because... View Article
Borrower sues Servbank, Mr. Cooper over FHA COVID foreclosure
December 16, 2025 8:42 am Leave your thoughtsThe lawsuit traces the trouble back to the pandemic. In 2020, James entered a 16‑month COVID-19 forbearance, which he says... View Article
Velocity Community Credit Union Adopts Point Predictive’s AutoPass to Combat All Forms of Fraud
December 16, 2025 12:03 am Leave your thoughtsPalm Beach-based credit union deploys a comprehensive fraud detection solution to protect members from identity theft, synthetic identities, income and... View Article
