Tag : consumer protection

Banking Blockchain Cryptocurrency DeFi Digital Asset Management Digital Payments Featured Finance Fintech Risk Management Security

Decentralized Finance (DeFi) and Banking: What’s Next?

Rishika Patel
Decentralized Finance (DeFi) is reshaping the finance industry by offering services traditionally managed by banks, insurance companies, and brokerage firms through blockchain technology. DeFi enables users to borrow, lend, earn interest, trade assets, and more—without relying on intermediaries such as banks or financial institutions. This decentralized model eliminates the need......
Australia Tightens the Competition and Consumer Act with Stricter Penalties
Compliance management Consumer protection laws Featured

Australia Tightens the Competition and Consumer Act with Stricter Penalties

Sudipto Ghosh
Last week, the Australian lawmakers passed the Treasury Laws Amendment Bill 2022 to strengthen the existing  Competition & Consumer Act 2010. The new amendments to CCA 2010 would now attract harsher penalties for companies that indulge in unfair practices with the consumers and small businesses. Corporations found to contravene the......
Miami Credit Union Testifies Before Senate And Asks For Funding To Better Serve Low-Income & Minority Borrowers
Credit Bureaus

Miami Credit Union Testifies Before Senate And Asks For Funding To Better Serve Low-Income & Minority Borrowers

Fintech News Desk
JetStream Federal Credit Union CEO Jeanne Kucey Calls Attention To Vital Impact Of Community Development Financial Institutions JetStream Federal Credit Union’s CEO, Jeanne Kucey, appeared before the Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on Financial Institutions and Consumer Protection, where she appealed to the Committee members to......
CFPB Launches New Way for the Public to Petition the Agency for Action
Business Finance News

Consumer Financial Protection Bureau Launches New Way for the Public to Petition the Agency for Action

Fintech News Desk
Reforms Will Help the Public to Exercise their Constitutional Rights The Consumer Financial Protection Bureau (CFPB) made it easier for the public to meaningfully engage with the agency and request regulatory changes. Starting today, members of the public can submit petitions for rulemaking directly to the CFPB. The petitions will......
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