During the pandemic, the government extended a $1.2 trillion lifeline through the Paycheck Protection Program (PPP). Four years on, the sobering stats show that the...
British banks, tech companies and telecoms are reportedly pledging to increase their data-sharing on fraud. This pledge, as the Financial Times (FT) reported Monday (March 31), comes...
Federal officials say a Department of Government Efficiency (DOGE) staffer breached Treasury data-sharing policies. Marko Elez violated the Treasury Department’s rules when he transmitted a...
Direct-to-consumer offers have long been a mainstay of finance. But embedded finance is reshaping what it means for banks, businesses and FinTechs to interact, in...
There’s a rule of thumb in law that states that hard cases make bad law. The sentiment can be reworked a bit to extend to...
The fight over the CFPB’s status and, in particular, the future of Open Banking Rule 1033 is on. A Washington, D.C.-based trade group, the Financial...
As platforms, corporates and financial institutions scale and bring personalized financial products and solutions to their end customers, application programming interfaces (APIs) are proving to...
The news this week that the Consumer Financial Protection Bureau (CFPB) has recognized Financial Data Exchange (FDX) as a standard-setting body — to help determine how...
As payments become faster, fraudsters hide behind anonymity or concoct identities that seem legitimate, and then scam banks, merchants and individuals out of their money....