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Citizens Hits Back at CFPB’s Lawsuit Over Credit Card Dispute Failings

Citizens Hits Back at CFPB’s Lawsuit Over Credit Card Dispute Failings

The Rhode Island-based bank says legal action from the consumer regulator is “unwarranted” and ignores previous remedial work
Nine Reasons Why Wells Fargo Still Faces an Uphill Climb

Nine Reasons Why Wells Fargo Still Faces an Uphill Climb

The bank’s troubles are still closer to the front windshield than the rearview mirror
How the Digital Payments Market Will Grow by $2 Trillion in Four Years

How the Digital Payments Market Will Grow by $2 Trillion in Four Years

Global digital payments will total $6.7 trillion by 2023, with the US and China expected to dominate peer-to-peer and point-of-sale sectors
Third Quarter Brings Mixed Bag for Loan Delinquencies, ABA Data Shows

Third Quarter Brings Mixed Bag for Loan Delinquencies, ABA Data Shows

Credit card late payments fell but auto, home and personal loans all saw delinquencies rise in Q3
Citigroup Credit Card Strategy Is Working: Bank Beats Estimates

Citigroup Credit Card Strategy Is Working: Bank Beats Estimates

Citigroup yields much of its retail banking revenue from its credit cards and enjoyed double digit gains year over year
Visa Buys Payment Network Fintech Plaid in $5.3bn Mega-Deal

Visa Buys Payment Network Fintech Plaid in $5.3bn Mega-Deal

Plaid is a payments network that enables users to connect their financial accounts to third-party mobile applications
Fintech, Financial Institutions and The Customer Search for a Better Experience

Fintech, Financial Institutions and The Customer Search for a Better Experience

Both sides have been taking a fresh look at partnering to build on their strengths and hunt together
Banks are Losing the Battle for Personal Loans: But Consumers are the Real Victims

Banks are Losing the Battle for Personal Loans: But Consumers are the Real Victims

These loans are equivalent to legal loan sharking
Banking Algorithms, the Apple Card and Sexism

Banking Algorithms, the Apple Card and Sexism

Allegation that the Apple Card provided husband a credit limit several times higher than his wife’s credit limit
Senior Official Recommends the Launch of a Real-Time Payment System to the Federal Reserve

Senior Official Recommends the Launch of a Real-Time Payment System to the Federal Reserve

FedNow Service is a proposed high-speed payment system
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