Browsing: blocks

Key insight: The CFPB’s leadership cited ongoing litigation as the reason for not cooperating with the Government Accountability Office.  Supporting data: The GAO reiterated what was found…

Key insight: The Trump administration would violate an existing court order if it allows the CFPB to run out of funding by declining to request money…

Key insight: Passive, real-time call fraud scoring reduced fraud exposure and improved member experience for MSUFCU.Expert quote: Fraud strategist Frank McKenna said humans can’t reliably detect…

Key insight: Republicans on the House Financial Services Committee voted to table a motion to subpoena Treasury for financial records related to disgraced financier Jeffrey Epstein. What’s…

Industry and consumer groups are lining up support for the Financial Technology Association’s legal effort to uphold the Consumer Financial Protection Bureau’s open banking rule, but…

US President Donald Trump holds an executive order after signing it alongside US Secretary of … More Education Linda McMahon (R) during an education event in…

Western Alliance Bank has co-developed technology that helps thwart fraud in class action lawsuits.The project, which the bank calls Triangle of Fraud Protection, began during a…

Russell Vought is the acting director of the Consumer Financial Protection Bureau.Andrew Harrer/Bloomberg The Consumer Financial Protection Bureau has withdrawn guidance from the Biden administration that…

Block CEO Jack Dorsey is pulling a bunch of different levers to try to bring back faster growth.AFP via Getty Images Yesterday was a rough one…

Jakub Porzycki/NurPhoto/Photographer: Jakub Porzycki/Nur Consumers spent less money on Cash App last quarter than Block had expected, causing a disappointing earnings report for the payments and…