CashCall ordered to pay $134 million in a win for the CFPB
An appeals court ruled that online lender CashCall had waived its right to a jury trial and that its other challenges “lack merit,” in a lawsuit filed by the Consumer Financial Protection Bureau in 2013.
Finastra hires Chris Walters to be its new CEO
Former Avantax executive Walters is replacing Simon Paris as Finastra's CEO.
CFPB sues Experian for mishandling credit report errors
Experian said it has gone "above and beyond the law" to investigate consumer disputes related to the accuracy of information.
Why Employer.com bought fintech Bench days after it shut down
The angry reaction of Bench's customers to its sudden closing was one thing that made it an attractive acquisition target, Employer.com executives say.