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Banks should not point blame at the credit bureau but rather should step up and demonstrate their commitment to their customers. If you punt the problem to Equifax, it suggests you don’t really care.
September 12
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Online lender’s co-founder says “negative press” from lawsuits has become a “distraction”; company sought lighter regulation and limited legal liability for credit bureaus.
September 12 -
For retailers, WeChat’s hyperactive and massive user base is a goldmine, but mini-apps don't solve the most prominent demand of retailers: to acquire and retain new traffic, writes Franklin Chu, managing director of Azoya International.
September 12
Azoya International -
Credit card benefits aren't worth much to a consumer who has no idea what the card offers, or has forgotten about them over time and simply never uses them.
September 12 -
Senate Finance Committee leaders sent a letter to Equifax CEO Richard Smith scrutinizing the scope of the company's data breach and its response.
September 11 -
Square became the third fintech firm in recent months to seek out a bank charter. Others are likely to follow.
September 11 -
China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, dealing another blow to the $150 billion cryptocurrency market after the country outlawed initial coin offerings last week.
September 11 -
Many of the arguments in this debate have less to do with the applicants’ qualifications than with traditional banks’ fear of new, innovative competitors.
September 11
Milken Institute's Center for Financial Markets -
The loss of 143 million consumers' personal data may prompt a regulatory backlash.
September 11 -
The FBI and at least two states are looking into the data breach; Harvey shut lots of banks, but mobile banking apps keep customers operating.
September 11






