Skip to content

US fraud losses top $10bn in 2023

Americans lost more than $10 billion to fraud in 2023, with investment scams accounting for nearly half of the losses, Federal Trade Commission data shows.

COMMENTARY: CFPB’s message is clear about product refunds

The Consumer Financial Protection Bureau (CFPB) recently released a special edition of its Supervisory Highlights, focusing a substantial portion of the auto finance industry-specific report on a longstanding issue: the servicing of auto loans with ancillary or F&I products. The … [Read More]

CommBank takes start-up approach to wealth portal roll-out

Australia’s Commonwealth Bank says it took a start-up approach to the development of a new wealth management portal for self-directed investors that combines online banking with stock trading, property and portfolio investment, news and community forums all accessible via a single log-in.