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/ 4 weeks agoNewsom Appoints Former CFPB Chief Rohit Chopra to Lead New California Oversight Agency
California Governor Gavin Newsom has tapped Rohit Chopra, the former director of the Consumer Financial Protection Bureau, to lead a newly...
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/ 4 weeks agoKlarna’s Payment Card Gives the Buy Now, Pay Later Giant a Revenue Boost
Something interesting is happening at Klarna. The Swedish neobank, best known for popularizing the buy now, pay later model, is quietly...
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/ 4 weeks agoJPMorgan Chase Pours $14 Million into Anti-Scam Initiatives as Fraud Losses Skyrocket
Americans are losing more money to scams every year, and the nation’s largest bank has decided it’s time to fight back...
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/ 4 weeks agoFed Survey Shows Americans Feel Financially Secure Despite Persistent Price Pressures
Every year, the Federal Reserve takes the financial temperature of the nation by surveying thousands of households. The latest report, based...
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/ 4 weeks agoAffirm Pushes Into Banking Apps to Expand Its BNPL Footprint
Affirm is shifting gears. At its first investor forum since 2023, the buy now, pay later giant laid out an ambitious...
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/ 1 month agoHow High Can Gas Prices Go Before the Economy Breaks?
We have all winced at the pump recently. That familiar sting has become a persistent ache, and the numbers on the...
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/ 1 month agoWhen Your Local Bank Becomes a Startup Playground: The Village Bank’s Bold Retail Incubator Experiment
The old image of a bank branch as a hushed lobby of mahogany and teller windows is fading faster than a...
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/ 1 month agoWhy a Fed Chair Without an Economics PhD is a Risk We Can’t Afford Right Now
The financial world is buzzing about potential successors to Jerome Powell at the helm of the Federal Reserve. Among the names...
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/ 1 month agoFed Rate Pause Could Spark a New Battle for Bank Deposits
For months, banks have enjoyed a quiet reprieve. As the Federal Reserve dialed back borrowing costs, the pressure on deposit pricing...
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/ 1 month agoFed Warns Overheated Markets Are the Biggest Threat to Financial Stability
The Federal Reserve’s latest financial stability report, released in April, carries a clear and somewhat unsettling message: asset valuations are still...
