CFPB expands oversight of Apple Pay, other digital payments services Finance News November 21, 2024 Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer…
CFPB penalizes VyStar over poor digital banking rollout Banking November 1, 2024 On Thursday, two federal agencies announced a penalty against VyStar Credit Union over what the agencies called a “botched rollout…
Cambridge Savings’ Ivy Bank unit crests $1 billion in digital deposits Banking October 26, 2024 Ivy Bank, Cambridge Savings Bank’s digital-only subsidiary, recently surpassed $1 billion on deposits. Growth is accelerating as Ivy works to…
Santander launches its digital bank in the U.S. market Banking October 22, 2024 The Spanish banking giant Banco Santander introduced a nationwide digital bank in the United States on Monday, aiming to generate…