Too Big to Fail: Is it Over?
← Previous Article Next Article → Ten years ago, the American economy suffered one of the worst recessions in U.S. history. Thousands of businesses closed up shop, and millions of people were left unemployed. At the time, billions of dollars were poured into...
The Global Rise of Online Banking
← Previous Article Next Article → More people are using online lending platforms to fulfill their financial service needs today than ever before. The global volume of new fintech credit – or credit that is facilitated by online platforms not operated...
NAFCU Asks CFPB to Exempt All Payday Alternative Loans from Payday Lending Rule
← Previous Article Next Article → Last October, when the agency was still helmed by former Director Richard Cordray, the Consumer Financial Protection Bureau finalized a rule that required lenders to determine up front whether people can afford to repay...
Senate Banking Committee Postpones Vote on CFPB Nominee
← Previous Article Next Article → The Senate Banking Committee has postponed its vote, scheduled for today, on whether to approve Kathy Kranger’s nomination to head the CFPB and advance it to the full Senate for final confirmation. Kraninger was nominated in...
