Sources Say Walmart Plans to Offer BNPL Loans Through Its Fintech Venture
Sources Say Walmart Plans to Offer BNPL Loans Through Its Fintech Venture Walmart is planning to launch buy now, pay later (BNPL) loans through its majority-owned fintech venture as early as next year, according to three people familiar with the matter. The service...
Toomey Proposes Legislation to Change CFPB’s Leadership Structure to Bipartisan Board
Toomey Proposes Legislation to Change CFPB’s Leadership Structure to Bipartisan Board Just a few weeks before he is set to leave office, Senator Pat Toomey (R-Pa.), ranking member of the Senate Banking Committee, alongside Senator Bill Hagerty (R-Tenn.), introduced...
Senate Confirms Gruenberg, FDIC Nominees
Senate Confirms Gruenberg, FDIC Nominees On Monday, the U.S. Senate confirmed Martin Gruenberg to be chairman of the Federal Deposit Insurance Corporation (FDIC), Travis Hill as vice chair, and Jonathan McKernan to the remaining seat. Gruenberg, who has served as...
Republicans Blast CFPB Director in Preview of Next Congress
Republicans Blast CFPB Director in Preview of Next Congress During a contentious hearing last week in which Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra testified before the House Financial Services Committee at a hearing entitled “Consumers...
