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JPMorgan Seals Off Swift Security Holes; Title Lenders Targeted?

One in five short-term auto title loan borrowers have their vehicle seized because they cannot pay the loan, according to a study released Wednesday by the Consumer Financial Protection Bureau.

The Consumer Financial Protection Bureau found that one in five borrowers who take out short-term auto title loans have their vehicle seized for failing to repay the loan.

The international payments market has become an attractive target for startups looking to pry clients loose from banks by providing a way to reduce fees by routing around third parties.

Visa's rules for card acceptance exceed 800 pages — plus supplements — and MasterCard's are nearly 300 pages. But even though the card networks have explained their expectations in painstaking detail, the difference between strict rules and mere guidelines is much blurrier when finally given to the merchant.

With the CFPB flexing its regulatory muscles, it's no surprise that collectors are making compliance a priority.

Synchrony Financial, the credit card lender that was recently spun off from General Electric, is considering an expansion into small-business lending.

Social Security Numbers may as well be the keys to the kingdom where cybercriminals are concerned, making any business that collects that data—including credit unions—a prime target for hackers.

JPMorgan attracted stronger support for its annual say-on-pay vote after dozens of conversations with major shareholders prompted it to make a series of changes to executive compensation.

Leaders of eleven American Catholic credit unions announced today the formation of a collaborative association, Catholic Credit Unions of America (CCUA).