Two Baton Rouge credit unions are set to merge next month when ALEC Federal Credit Union joins Campus Federal Credit Union. ALEC members approved the merger Thursday, clearing the way for the two credit unions to join July 1 and ...

Michael E. Horowitz has been appointed to lead the Federal Reserve Board's Office of Inspector General (OIG) effective June 30, 2025. By statute, the Federal Reserve's OIG also serves in that same role for the Consumer Financial Protection Bureau (CFPB), ...

What’s the story? Following the close of the 60-day legislative disapproval period under the Congressional Review Act (CRA) on May 12, 2025, President Donald Trump (R) signed resolutions nullifying a total of 11 rules from 7 agencies during his second ...

On June 2, the California State Assembly unanimously passed Assembly Bill 1180, which now moves to the California Senate for consideration. The bill would require the Department of Financial Protection and Innovation (DFPI) to adopt regulations permitting payments required under ...

Credit One Bank has agreed to pay $14 million to settle a class-action lawsuit over unauthorized robocalls made between 2014 and 2019. The case alleges violations of the TCPA, which protects consumers from unwanted automated calls. Here’s who’s eligible and ...

Payment companies team up to help developers ditch App Store billing Two transactional companies have teamed up to help app developers monetize their services outside of Apple’s App Store. The new integration, launched by in-app payment system provider Paddle and ...

Senate Banking Committee Chairman Tim Scott (R-SC) (L) and ranking member Sen. Elizabeth Warren (D-MA) talk before hearing testimony February 11, 2025 in Washington, DC. Chip Somodevilla / Staff via Getty Images The Senate Banking Committee’s version of the “One ...

PayPal has launched a new physical credit card to drive in-store purchases, expanding its presence in brick-and-mortar retail. Built with Synchrony and backed by Mastercard, the card brings PayPal Credit’s promotional financing, like six-month no-interest on travel and purchases over ...

Auto loan or lease fraud set to reach record level© CBS New York/YouTube Steve Simon's trouble began when he visited a local car dealer to inquire about buying a vehicle, and the transaction didn't work out. He had given the ...