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Fighting Scams and Authorized Push Payment Fraud in the US

FICO

US regulators seem poised to update the status quo for bank liability for authorized user/authorized push payment fraud, but just how big is the potential? You never know when you’ll get a text from your leadership about testifying in front of the Senate! Neither the banks nor the regulators disagree about the scope of the problem.

Fraud 52
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Payday Lending And The New CFPB

PYMNTS

Though efforts against the arbitration rule were successful, House Republicans could not persuade the colleagues in the Senate to a similar repeal of the CFPB’s prepaid card rule this summer – and it was thought that because payday lending is such a controversial and politically loaded topic, Congress might instead choose to let this pass.

Lending 100