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Despite billions in revenue annually, legal marijuana businesses have yet to find a solution to the industrys lack of reliable payments, banking and other financial services.
March 4 -
Regulators focus on having banks and credit unions offer payday loan alternatives to underserved consumers overlooks the success of Web-based companies in filling credit gaps.
February 26MWWPR -
Moven, one of the most talked-about startups of the fintech boom, is looking to spread financial education to the self-employed.
February 24 -
More borrowers with spotty credit are failing to make monthly car payments on time, a troubling sign for investors who have snapped up billions of dollars of securities backed by risky auto debt.
February 24 -
Western Union is at the center of a preliminary antitrust inquiry as European Union regulators examine allegations of collusion to drive rival money-transfer operators out of the multibillion dollar market.
February 23 -
In an interview, Comptroller Thomas Curry expressed concern about eroding loan standards and the potential for crippling cyberattacks. But he also argued that the industry is much stronger than it was a decade ago.
February 11 -
A modest proposal in the president's new budget plan seeks to strengthen the link between youth employment programs, financial education and the responsible use of financial products.
February 10 -
Under the new model, tax preparers must pay lenders for originating loans and are prohibited from passing costs on to borrowers. But consumer advocates argue that pricing of tax preparation services is so opaque that customers could be paying loan fees and not even know it.
February 8 -
The White House and other Democrats have long pushed for banks to offer affordable small-dollar loans as an alternative to payday loans and other costlier credit, but banks have struggled to make them profitable and safe for consumers.
February 8 -
Financial companies from SunTrust to SoFi will be advertising in Sunday's game a rare sight in recent years despite the estimate $5 million price tag.
February 4