Four industry trade associations have called for significant reforms to how federal financial regulators handle sensitive data following a data breach at the Office of the Comproller of the Currency that exposed over 148,000 private correspondences containing sensitive supervisory information about US financial institutions.
Rising costs and limited supply have created challenges for used-car retailers, evidenced by Vroom’s planned shutdown of its used-car sales…
The Consumer Financial Protection Bureau is taking a close look at automatic payments for auto loans as well as servicing…
Account aggregation vendor Moneyhub has secured Payment Initiation Services Provider (PISP) authorisation by the FCA, enabling users to initiate payments across accounts from a single site.
Credit access across certified pre-owned loans tightened the most among all sales channels in July as used-vehicle prices came down…
Registrations of RVs across North America dropped in April as consumers came to dealerships with weaker credit profiles. Pikes Peak…
PNC Bank’s strategy to successfully add new technology involves small-scale, measured pilots and rigorous testing. The Pittsburgh-based lender employs regular…
Pintarnya, an Indonesian platform that helps users find jobs and also offers access to secured loans, has raised $16.7 million in Series A funding.
Nissan Motor Co. has raised $4.5 billion from a junk-bond sale in US dollar and euros, with the embattled automaker…
The Office of the Comptroller of the Currency (OCC) has filed an enforcement action against Axiom Bank in Florida.
SoSafe’s report explores the global tension between AI adoption and the associated security risks, highlighting the views of 500 global security professionals and 100 SoSafe customers across 10 countries.
Commonwealth Bank of Australia is working on a scam busting joint venture with local telco Telstra that could save customers up to $20 million in annual authorised push payment fraud.
Swiss payment technology house Rivero has raised $7 million in Series A funding to step into new markets and boost its product development and workforce.