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The CFPB stepped up efforts Wednesday to encourage banks to offer simple checking and savings accounts, but many institutions said they are already taking steps to try to reach the underbanked.
February 4 - PSO content
Helios Investment Partners, an Africa-focused private equity firm, is preparing to sell Nigerian payments-processing group Interswitch Ltd. in a deal that could value the company at more than $1 billion, people with knowledge of the matter said.
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Home sellers realized an average price gain since purchase of 11% ($20,378) last year, the biggest average price gain since 2007, according to RealtyTrac's Year-End 2015 U.S. Home Sales Report.
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The amount of complaints in the Consumer Financial Protection Bureaus database dealing with payday loans is relatively small, so why is the proposal to regulate payday lenders so sweeping?
February 4
Community Financial Services Association of America -
The Ninth Circuit Court of Appeals ruled Wednesday in Baird v. Sabre Inc., et al. that a consumer provided prior express consent required by the Telephone Consumer Protection Act when she provided her cellphone number on a contact sheet.
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A former BBCN Bancorp director said that four of the Los Angeles companys 13 directors did not vote for its purchase of Wilshire Bancorp.
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City officials in Hazard, Ky., are ramping up efforts to collect approximately $200,000 in back taxes after sending out 1,100 letters to delinquent taxpayers last week.
February 4 -
It is outside the realm of possibility for bitcoin's blockchain to serve any useful purpose for the intermediaries it was designed to replace.
February 4
Lebanese American University - PH
Flint's Mortgage Woes; Bank Stocks Take Pounding
February 4 -
A senior equal employment opportunity specialist with the Consumer Financial Protection Bureaus Office of Civil Rights is alleging the bureau violated the Equal Pay Act.
February 4

