A recent Second Circuit decision applying New York law confirms that plaintiffs bringing FCRA claims in federal court must allege and prove a concrete harm from inaccurate reporting to have Article III standing; a bare statutory violation is not enough ...

The Federal Communications Commission is moving to crack down on illegal robocalls and the use of foreign call centers. At a meeting Thursday, the three-member commission unanimously approved a new proposed regulation to increase certification and disclosure requirements for obtaining ...

The Federal Trade Commission has warned PayPal, Visa, Mastercard, and Stripe against debanking practices. President Trump and his sons have frequently bemoaned debanking practices. The Trump family claims it got into crypto because of unfair treatment from banks. The US ...

Mastercard is exploring a sale of the real-time payments and related assets it bought from Denmark’s Nets Group in 2019 for about $3.2 billion, effectively unwinding what was then its largest acquisition, as it refocuses on higher‑growth areas like stablecoin ...

The partnership with One Credit Union marks the first time CULA's program will be offered through a Vermont-based credit union serving local members, providing an additional financing option designed to deliver lower monthly payments than traditional auto loans. CULA's partnership ...

The national mortgage delinquency rate rose by 7 basis points (bps) in February to 3.72%, driven by a 4% seasonal rise in early (30-day) delinquencies and a 3% rise in seriously delinquent (90-plus day) loans. According to data from Intercontinental ...

The company's customer base grew to 68.3 million, with total balances up 66% to $67.5 billion and transaction volume reaching $1.7 trillion ...

The State of Washington has enacted the Uniform Consumer Debt Default Judgments Act (SB 5720), making it the first state to adopt this Uniform Law Commission model and significantly tightening requirements to obtain default judgments in consumer debt cases. Status ...

For SMEs, a sizable late payment can be so damaging as to risk the venture’s future. According to Government statistics, around 38 businesses shut their doors every single day –  the equivalent of 266 a week – because they are ...