A bipartisan bill that seeks to help small businesses land government contracts was passed in the U.S. House of Representatives this week. The Small Business Procurement and Utilization Reform (SP...
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The Consumer Financial Protection Bureau (CFPB) proposed a new rule that would remove medical bills from most credit reports. Specifically, the proposed rule would: • Remove the exception that...
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Newly proposed legislation in Pennsylvania could jeopardize customers’ privacy and become a financial burden for small businesses, the Electronic Payments Coalition (EPC) said Monday. The legisl...
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U.S. Reps. John Moolenaar (R-MI), Zach Nunn (R-IA), and Bill Huizenga (R-MI) introduced a bill to increase Congressional oversight of the Committee on Foreign Investment in the United States (CFIUS). ...
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The U.S. Department of the Treasury released a request for information (RFI) on artificial intelligence (AI) in the financial services sector. The RFI is seeking to better understand how AI is bein...
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U.S. Reps. Mike Carey (R-OH) and Greg Landsman (D-OH) introduced legislation in the U.S. House of Representatives that seeks to enhance the ability of unemployed individuals to start their own busines...
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The Commodity Futures Trading Commission advanced two recommendations on the impacts of proposed U.S. bank capital requirements and liquidity management for derivatives. The recommendations were ma...
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Payment processing company Visa hit a new milestone with its tokenization technology, as Visa tokens have generated more than $40 billion in incremental ecommerce revenue for businesses globally. O...
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The Securities and Exchange Commission settled charges against investment advisory firm, Mass Ave Global. The proceedings against Mass Ave Global and its co-founder and CEO Winston M. Feng were for...
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The Consumer Financial Protection Bureau (CFPB) has initiated a public inquiry into junk fees found in mortgage closing costs. The CFPB is seeking to find out why closing costs are increasing, who...
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