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CFPB Finalizes Rule Limiting Credit Card Late Fees

Global Fintech & Digital Assets

The rule targets a statutory loophole that the CFPB asserts large credit card issuers exploited to exact excessive late fees from consumers. Challenges Expected Like the original proposal, the Rule is facing intense criticism from market participants and trade groups representing banks and credit unions.

CFPB 59
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Donald Trump, Kamala Harris, and the Future of Fintech

Finovate

The now-famous quote — “You know, they call me the crypto President …” — comes from an ad the former president ran in August marketing his fourth series of non-fungible token (NFT) digital trading cards.

FinTech 59