Court expands CFPB small-business data collection rule injunction nationwide
A federal court extended an injunction nationwide, essentially halting the Consumer Financial Protection Bureau’s small business data collection rule until the Supreme court rules on the bureau’s constitutionality.
Commonwealth Bank of Australia has developed an advanced artificial intelligence tool that can spot harassment in transaction messages.
FedNow will transform payments in the U.S., but its adoption might speed up if the Fed adopts some of the strategies Brazil used to roll out its Pix platform.
Barofsky, a former inspector general of the Troubled Asset Relief Program and frequent Wall Street critic, was removed as ombudsman by Credit Suisse in November 2022.