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8 Nov 2023, 11:00 am
“These activities used to be conducted almost exclusively by supervised banks” and the proposed rule is intended to require fintech providers to “play by the same rules as banks and credit unions. [read post]
8 Nov 2023, 7:08 am
The proposal issued by the Consumer Financial Protection Bureau on Tuesday would subject non-bank companies that offer digital payments to a regulatory scheme similar to that for banks or credit unions. [read post]
7 Nov 2023, 9:05 pm
Machine Learning algorithms can make informed decisions about credit risks and asset management. [read post]
3 Nov 2023, 12:37 pm
At the same time, my Administration will promote responsible uses of AI that protect consumers, raise the quality of goods and services, lower their prices, or expand selection and availability. [read post]
3 Nov 2023, 7:12 am
.] _____________________________ Credit Agreements for Consumers in the Event of Early Repayment by C. [read post]
31 Oct 2023, 6:26 am
Pix Credit here My Administration places the highest urgency on governing the development and use of AI safely and responsibly, and is therefore advancing a coordinated, Federal Government-wide approach to doing so. [read post]
30 Oct 2023, 6:39 pm
Pix Credit here AI is all around us. [read post]
30 Oct 2023, 8:22 am
On 30 October 2023, there was published in the Official Journal of the European Union (OJ) Directive (EU) 2023/2225 of the European Parliament and of the Council of 18 October 2023 on credit agreements for consumers and repealing the Consumer Credit Directive. [read post]
27 Oct 2023, 6:00 am
The merchants alleged they were overcharged for credit and debit card transactions when consumers swiped their cards to pay for goods and services. [read post]
19 Oct 2023, 9:53 pm
You can check bank or credit card statements to find out if a loved one has any subscriptions to their favorite content creators. [read post]
19 Oct 2023, 7:06 pm
Pix Credit here “The Wheel of Time turns, and Ages come and pass, leaving memories that become legend. [read post]
19 Oct 2023, 6:07 am
Additionally, the Act broadly exempts several categories of persons, including banks, trust companies, credit unions, broker-dealers, futures commission merchants, certain software and data storage providers, and merchants accepting payment in digital financial assets for certain goods and services. [read post]
18 Oct 2023, 8:29 am
Each time networks aired these episodes, writers received a royalty check for their writing credits. [read post]
17 Oct 2023, 9:01 pm
On its face, Section 1034(c) requires large banks and credit unions to comply in a timely manner with consumer requests for information concerning their accounts for consumer financial products and services. [read post]
17 Oct 2023, 11:17 am
(TURSS), violated the Fair Credit Reporting Act (FCRA), the FTC Act, and the Consumer Financial Protection Act (CFPA) by failing to ensure the accuracy of tenant screening reports by including inaccurate and incomplete eviction records about consumers. [read post]
16 Oct 2023, 12:15 am
A "digital financial asset" does not include the following: A transaction in which a merchant grants, as part of an affinity or rewards program, value that cannot be taken from or exchanged with the merchant for legal tender, bank or credit union credit, or a digital financial asset. [read post]
15 Oct 2023, 4:51 pm
The Financial Conduct Authority has issued an £11 million fine to consumer credit rating agency Equifax for its role in a large-scale 2017 data breach, Reuters reports. [read post]
13 Oct 2023, 6:00 am
Can Pay by Bank Play Into Consumers’ Growing Preference to Resist Credit Cards? [read post]
13 Oct 2023, 4:00 am
New Charges Accuse George Santos of Identity Theft, Credit Card Fraud MSN – Anumita Kaur (Washington Post) | Published: 10/10/2023 A superseding indictment charges U.S. [read post]
12 Oct 2023, 9:05 pm
The CFPB released the guidance to clarify a provision of the Consumer Financial Protection Act, which requires large banks and credit unions to provide information completely, adequately, and in a timely manner to customers who request it. [read post]
