Another IT outage in the UK serves as pushback to the war on cash, with even the ECB conceding it doesn’t foresee a totally cashless society, leaves those relying on credit cards alone to make payments vulnerable.
Read more...This so-called expansion is more and more brought to you by subprime borrowings.
Read more...More consumer pushback in the war on cash: An industry dogged by non-believers who fret about privacy and fraud.
Read more...The Wall Street Journal gets itself duped into publishing some particularly flaky, um, nebulous, um, aspirational Amazon banking ideas.
Read more...Why FinTech will not be as disruptive as its promoters would have you believe.
Read more...PayPal is no longer getting away with the sort of things it could as a payment processor newbie.
Read more...Amar Bhide gives a clearly-written, compelling argument against a supposed banking “innovation,” securitization.
Read more...Trump will soon name a replacement for CFPB director Richard Cordray; rule-making and enforcement priorities will become more bank-friendly.
Read more...Trump deregulatory agenda advances, via agency decisions, and a new EPA lawsuit policy to stymie regulation by litigation.
Read more...Trump signs resolution overturning CFPB’s mandatory arbitration ban– thus killing the agency’s most pro-consumer initiative to date.
Read more...Cash withdrawals from Indian ATM machines are nearly back to the level of just before Modi’s demonetization shock.
Read more...Cybersecurity is much in today’s news, but it’s not the only source of scams– which are much more omnipresent than in the past.
Read more...Several government agencies and at least 34 state attorneys general have opened probes into the Equifax data-breach scandal–‘the gift that keeps on giving,’ says Bill Black.
Read more...What you can do to safeguard your identity in the wake of the Equifax data breach– the worst ever.
Read more...CFPB director Richard Corday’s failure to push for a payday lending rule earlier means we’ll see no rule, for the indefinite future.
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