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March

21
2023
Trends

Credit Card Costs Climbing as Fed Hikes Interest Rates

If the Federal Reserve raises interest rates again this week as expected, data show that credit card holders are one group of consumers that will be hit the hardest.

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March

21
2023
Trends

Federal Reserve sounded alarm about Silicon Valley Bank's risk management in 2019: report

In January 2019, the Fed issued a warning known as a "Matter Requiring Attention," a citation a step-down from an enforcement action, about SVB's risk-management systems, The Wall Street Journal reported, citing documents from a presentation circulated last year to employees of SVB’s venture-capital arm.

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March

21
2023
Industry News

Columbus considering clearing medical debt for residents

COLUMBUS, Ohio (WCMH) — Two Columbus City Council members are hoping to clear millions of dollars in medical debt for city residents.

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March

21
2023
Industry News

Third Circuit to Weigh Allowing CFPB to Pursue Passive Investors

The Consumer Financial Protection Bureau will argue at the Third Circuit that it has the power to police passive investment trusts for student debt collection activities allegedly conducted by their vendors.

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March

21
2023
Industry News

How AI Is Helping Us Fight Off Robocalls And Scammers

Robocalls are a major source of annoyance, both for telecom operators and subscribers, but innovations in AI are now giving scammers a hard time.

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