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U.S. card issuers lose $10.9 billion each year to card fraud, according to research released Tuesday by LexisNexis Risk Solutions.
June 7 -
The Better Business Bureau of Central New England is reporting complaints from consumers about fake debt collection calls that include threats of arrest and wage garnishment if bills are not paid.
June 7 -
The CFPB filed a lawsuit Monday against the payment processer Intercept Corp. and its two top executives for allegedly enabling clients to withdraw millions of dollars' worth of illegal charges from consumer bank accounts.
June 7 -
DBA International released a statement late Monday responding to Sunday's episode of HBO's Last Week Tonight, which focused on the debt-buying industry.
June 7 -
At a time when most banks are finding it harder to make money from overdraft fees, new data shows that Wells Fargo, Bank of America and JPMorgan Chase are bucking the industrywide trend. The numbers are renewing consumer-protection concerns ahead of a CFPB rule-writing process set to begin later this year.
June 6
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WASHINGTON A bipartisan group of lawmakers is urging the Consumer Financial Protection Bureau to change how it calculates title insurance fees as part of the new integrated mortgage disclosures.
June 6 -
Associated Banc-Corp in Green Bay, Wis., has promoted Brent R. Tischler to the newly created position of director of retail banking.
June 6 -
The $1.7 billion-asset company disclosed in a regulatory filing Monday that it recently agreed to buy a 25% stake in ASC Trust Corp. in Hagatna.
June 6 -
The Consumer Financial Protection Bureau filed a lawsuit Monday against payment processer Intercept Corp. and its two top executives for allegedly enabling clients to withdraw millions of dollars' worth of illegal charges from consumer bank accounts.
June 6 -
Deutsche Bank Chief Executive Officer John Cryan said Germany's largest lender is abandoning plans for a new digital bank in the U.S., led by Henry Ritchotte, just months after it was announced.
June 6
