PYMNTS
JUNE 13, 2019
is launching the Columbia National Credit program with its new CNC Card, according to a release by the company. Launch of the credit card comes after a successful test run in New York. This is the first time consumers in the United States can use a credit card to buy cannabis, the company said.
PYMNTS
NOVEMBER 26, 2019
Synchrony Financial said a message was erroneously sent to customers about an Amazon.com card and that a data breach had not occurred, according to a report by Reuters. On Monday (Nov. 26), a notification was sent to some customers saying “a trial deposit has been successfully made to your Amazon credit builder.”
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CFPB Monitor
MARCH 2, 2016
The CFPB has issued its February 2016 complaint report which highlights complaints about prepaid cards and complaints from consumers in Texas and the Houston metro area. The CFPB began taking complaints about prepaid cards in July 2014. Nationally, debt collection complaints averaged 26 percent of all complaints received by the CFPB.).
PYMNTS
JULY 15, 2016
The CFPB said that, from 2010 to 2014, Santander was marketing and enrolling consumers in its “Account Protector” service designed to protect customers from overdrawing on their accounts at ATMS and on one-time debit card transactions. Customers were charged $35 per overdraft.
CFPB Monitor
OCTOBER 28, 2015
The new report highlights credit card complaints and complaints from consumers in the Chicago, Illinois metro area. General findings include the following: As of October 1, 2015, the CFPB handled approximately 726,000 complaints nationally, including approximately 23,400 complaints in September 2015.
CFPB Monitor
JULY 28, 2016
CFPB has issued its July 2016 complaint report which highlights complaints about credit cards and complaints from consumers in Washington and the Seattle metro area. The CFPB began taking credit card complaints on July 21, 2011, the day on which the CFPB officially opened its doors for business. 31, and 30 percent.
PYMNTS
SEPTEMBER 10, 2019
The app stores digital versions of documents like drivers’ licenses, health cards and other forms of identity. Countries like Australia, Malaysia, Thailand and the United Kingdom are just a few that are exploring the benefits for accessing governmental and financial services and also for serving as virtual ID cards.
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