Zelle, a payments and transfers service that was created by multiple big banks, has been having some issues today, according to multiple posts on Twitter. While Zelle has not issued a press statement reassuring users it is on top of things, it appears that Zelle… Read More
Read more in: Fintech | Tagged bank of america, Ed Mierzwinski, elizabeth warren, payments, pirg, zelle
The Consumer Financial Protection Bureau has proposed changes to the 2017 final rule governing “Payday, Vehicle Title, and Certain High-Cost Installment Loans.” In brief, the CFPB is proposing to “rescind the rule’s requirements that lenders make certain underwriting determinations before issuing payday, single-payment vehicle title,… Read More
Read more in: Politics, Legal & Regulation | Tagged cfpb, consumer financial protoection bureau, mary jackson, payday, pirg
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