Finance
CFPB Overhauls Complaint Portal After 3,700% Credit Reporting Complaint Jump
The CFPB has revised its consumer complaint portal following a 3,700% surge in credit reporting complaints between 2019 and 2025, driven by...
#financial regulation 26 articles
Finance
Banks Clone Customers for Product Testing, Regulators Engage
Financial institutions are replacing real customers with AI-generated synthetic profiles for product testing, cutting costs and compliance risks. Regulators are now engaging...
Finance
EU Proposal Leaked: Banks Set for Regulatory Easing
A leaked European Commission report reveals EU plans to ease bank fund movement and provide capital relief, aiming to boost the banking...
Finance
Kim Bill Seeks Extended Holds on Suspicious Funds to Combat Fraud
Representative Young Kim has introduced legislation allowing financial institutions more time to investigate suspicious checks and wire transfers, aiming to curb rising...
Investing
Regulators Push Stablecoin Rules, Warn on AI Cyber Risks
U.S. bank regulators are prioritizing stablecoin rules and AI risk management, shifting focus from experimental tech to supervisory mandates. Officials warn of...
World Business
New York Assembly Weighs Sovereign Debt Lawsuit Curbs
The New York Assembly is considering a bill to restrict investor lawsuits on sovereign debt, potentially impacting hundreds of billions globally. The...
Investing
CLARITY Act Advances to Senate Calendar, Faces Recess Deadline
The CLARITY Act (H.R.3633) has been placed on the Senate Legislative Calendar, nearing a full vote. With a July recess approaching, Senate...
Finance
Germany’s Dormant Billions Spark Ownership Debate
Billions of euros lie untouched in Germany's 'forgotten accounts,' prompting a contentious debate over ownership and the lack of a central registry.
Finance
Banks Confront AI Autonomy: Who Owns the Machine’s Decisions?
As banks embrace agentic AI, shifting from assistive automation to autonomous task execution, the critical question of accountability for machine-driven decisions takes...