US-based Goldman Sachs has announced its credit card unit is under investigation by the Consumer Financial Protection Bureau , a federal agency tasked with protecting US citizens from financial abuse
The Bank of England has announced its biggest interest rate increase in 27 years as it forecast that the war in Ukraine would fuel further inflation and tip the UK economy into a prolonged recession
UK-based Open Banking tech provider Ecospend has teamed with enforcement and debt resolution company CDER Group to provide its account-to-account ‘Pay-by-Bank’ solution
Eight US national trade groups have petitioned the Consumer Financial Protection Bureau (CFPB) to initiate a rulemaking to strengthen the privacy and security of consumer financial data held by fintechs, bigtech, and data aggregators, the official press release states