Financial technology provider Klarna files for IPO at reported $15B+ valuation
In today’s IPO filing, the company disclosed that more than 675,000 merchants have adopted its service to date. Those ...
Americans Cut Back on Spending Amid Financial Struggles
While recent data showed that inflation is slowing, shoppers are still feeling the pinch and reeling in their spending habits.
American Banker11h
'Not a political issue': Compensation stalls amid CFPB turmoil
In 2023, the Consumer Financial Protection Bureau cited Citibank for discriminating against Armenian Americans. The recent ...
Banks are feeling the strain as lower-income consumers struggle with inflation and tariff chaos
JPMorgan Chase banking analyst Vivek Juneja said Friday that banks could feel the crunch from U.S. consumers - especially lower-income consumers - as the first quarter of 2025 wraps up in the next ...
JD Supra1d
Navigating the New Consumer Financial Services Landscape: Enforcement, Compliance, and Litigation Risks
Financial services companies may feel relief from the aggressive federal oversight and regulation that defined the past decade. However, ...
7 ways to safeguard your money as the Trump administration weakens consumer protections
"It's sending a strong message that the CFPB is not here for consumers anymore; that under the Trump administration, the CFPB is here to give out pardons for violating the law," Erin Witte, director ...
CNET2d
Crippling the CFPB Could Hurt Consumers and Loosen Regulations for Financial Giants
Alternative options if you're the victim of unfair and abusive practices as the consumer watchdog 'winds down.' ...
How consumers can protect their finances as federal safeguards crumble
As the Trump administration looks to neuter the Consumer Financial Protection Bureau, advocates urge borrowers to step up ...