CFPB Payments To Synapse Financial Victims In Limbo Over Fund Issues
November 23, 2025 12:01 pmThe Consumer Financial Protection Bureau (CFPB) has arranged to use its civil monetary penalty fund, which holds about $118.9 million,... View Article
Categories for Headline News
CFPB Now Requires Bank Supervisors To Take ‘Humility Oath’
November 23, 2025 12:00 pmThe Consumer Financial Protection Bureau (CFPB) has introduced a new requirement that bank supervisors must take a “humility oath”—officially called... View Article
How Houston financial institutions are taking advantage of artificial intelligence
November 23, 2025 12:00 pmHouston financial institutions are leveraging artificial intelligence, particularly generative AI and machine learning, to boost operational efficiency, reduce costs, enhance... View Article
CFPB settles with MoneyLion as enforcement activity winds down
November 23, 2025 11:30 amThe Consumer Financial Protection Bureau (CFPB) has finalized a $1.75 million settlement with MoneyLion to resolve allegations that the company... View Article
BNPL usage rises as does late payments
November 23, 2025 11:30 amBNPL usage has surged in 2025 and is closely accompanied by a significant rise in late payments among users.​ Key... View Article
Rhode Island law on medical debt under fire by Trump administration ruling
November 23, 2025 11:00 amRhode Island has enacted strict laws preventing medical debt from appearing on credit reports and protecting residents from home liens... View Article
Concerns over AI spending are growing as tech firms flood bond market ​
November 23, 2025 6:37 amUS tech giants are fueling concerns in the bond market as they substantially increase debt issuance to fund a historic... View Article
J.C. Flowers To Sell Island Finance To VRM Penzini Capital In Major Puerto Rico Acquisition
November 23, 2025 1:01 amJ.C. Flowers & Co. has agreed to sell Island Finance, Puerto Rico’s largest non-bank consumer financial institution, to VRM Penzini... View Article
Flagship Credit sold to investment firm InterVest
November 22, 2025 11:55 amFlagship Credit Acceptance, a leading non-prime auto-finance provider, has agreed to sell its operating assets and business operations to InterVest... View Article
Financial Institutions Concerned About Instant Payment Risk Might Start with Recipient-Side Benefits
November 22, 2025 10:27 amExecutive Summary Banks hesitant about instant payment fraud can begin by only accepting inbound transfers, delivering immediate value to customers... View Article
