The Buy Now Pay Later (BNPL) giant Klarna is to extend the imposition of fees for missed payments to all customers.The move will particularly hit young adults who have turned to BNPL purchases to fund their lifestyles.Fees were introduced on ...

Anirban Mukherjee, CEO, PayU stated in a social media post, "We would like to thank Reserve Bank of India (RBI) for granting PayU the in-principle approval. We value the trust that RBI has placed in us, and we are ready to welcome ...

A bill by Sen. Ana Quezada, a Providence Democrat, to crack down on payday lenders who can charge triple-digit interest rates on small-dollar loans was scheduled for a hearing before the Senate Commerce Committee Tuesday, April 23, 2024. (Getty Images.)It’s ...

The Federal Deposit Insurance Corp. is seeking bids for Philadelphia-based Republic First Bank, Bloomberg reported Wednesday, citing sources familiar with the matter. The regulator reportedly is in talks with potential buyers after an investor group last month called off a ...

SAN DIEGO, April 23, 2024 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that it has established a partnership with Junior Achievement USA, the nation’s largest organization dedicated to giving young people ...

April 25, 2024 - OAKLAND — California Attorney General Rob Bonta today announced a settlement with the University of Phoenix, and its parent company Apollo Education Group, Inc (Apollo), resolving an investigation into the University of Phoenix’s use of aggressive and ...

After years of working to assure the US government that its popular social media app isn’t a threat to national security, TikTok’s loss in that fight now seems almost inevitable. The US House of Representatives on Saturday put legislation requiring ...

Utah, among other privacy laws it has enacted or modified recently, has also modified its breach notification law. This follows last year’s changes to the law, which among other things codified the state’s Cyber Center. This year’s modifications are primarily ...

Half of the country now has state laws that require financial literacy for high schoolers, teaching them the ins and outs of balancing a checkbook, opening a bank account and more.Some educators and elected officials, like Connecticut Gov. Ned Lamont, ...