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SCOTUS Upholds CFPB Funding Mechanism | JD Supra
JD Supra· 6 days agoIn a landmark decision issued on May 16, the Supreme Court held that the Consumer Financial Protection Bureau’s (CFPB) funding mechanism is constitutionally sound, as it does not violate the ...
Money Market Account vs. Checking Account: What's The Difference? | Bankrate
Bankrate.com· 3 days agoTwo types of accounts that often cause confusion are money market accounts (MMAs) and checking...
Toronto-Dominion Bank Fired More Than a Dozen in Wake of Anti-Money-Laundering Failings, Source Says
The Wall Street Journal· 2 days agoIn 2020, the bank reached a US$122 million settlement with the Consumer Financial Protection Bureau,...
CFPB Says Buy Now, Pay Later Firms Must Comply With US Credit Card Laws - Slashdot
Slashdot· 3 days agoThe Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry have the same federal protections as users of credit cards. From a ...
13 Things We Wish Were Still Free
AOL· 20 hours agoNow, heading to the gas station to pump up your tires costs on average $1 to $2 dollars, which doesn't seem like a lot, but can certainly add up throughout the year, and it used to be free.
SCOTUS CFSA decision to have broad impact | JD Supra
JD Supra· 4 days agoThe U.S. Supreme Court’s ruling last week in CFSA v. CFPB that the CFPB’s funding mechanism does not violate the Appropriations Clause of the U.S. Constitution removes what many observers consider ...
NC Supreme Court: Credit Union Can Unilaterally Add Arbitration Provision and Class Action Waiver to...
JD Supra· 2 days agoThe North Carolina Supreme Court on Thursday, May 23 held that a credit union’s unilateral update to add an arbitration provision and class action waiver to its contract with one of its customers ...
What the CFPB’s Supreme Court Victory Means for Financial Institutions | JD Supra
JD Supra· 2 days agoUntil recently, the most popular topic of discussion in the financial services world has been the outcome of the Supreme Court case CFPB v. Community Financial Services Association of America ...
What is a debit card, and how does it work?
Yahoo Personal Finance· 3 days agoWhen you open a checking account, you’ll be issued a debit card. But what is a debit card, exactly? Here’s what you need to know about how debit cards...
Bank of America appeals IRS win in $163 mln bank merger tax fight
Reuters· 4 days ago, opens new tab has asked a U.S. appeals court to revive its lawsuit seeking more than $163 million...