PayDay lending

SEC Charges Payday Lender Sky Group With $66M Fraud
SEC Charges Payday Lender Sky Group With $66M Fraud
September 27, 2021  |  Security & Fraud

The Securities and Exchange Commission (SEC) has accused a Miami-based payday loan company and its CEO of defrauding its investors. The SEC announced the charges...

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Instant Pay Startup Clair Notches $4.5M To Help Gig Workers
Instant Pay Startup Clair Notches $4.5M To Help Gig Workers
October 09, 2020  |  Investments

New York City-based FinTech startup Clair has raised $4.5 million in seed funding to disrupt payday lending schemes and help gig workers and freelancers get...

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Topcoder On The Payroll Must-Haves For Retaining Tech Talent
Topcoder On The Payroll Must-Haves For Retaining Tech Talent
July 30, 2020  |  Next-Gen Payments

The United States added 4.8 million jobs in June, but economic concerns surrounding the impact of the COVID-19 pandemic are still surfacing. Many workers hired...

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CFPB Eases Payday Lending Rules
CFPB Eases Payday Lending Rules
July 07, 2020  |  CFPB

The federal Consumer Financial Protection Bureau (CFPB) has eliminated a rule that placed limits on payday lenders, handing a victory to the sector. In a...

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More Regulatory Trouble Could Be Heading Short-Term Lenders’ Way
More Regulatory Trouble Could Be Heading Short-Term Lenders’ Way
November 19, 2019  |  Alternative Finances

Keeping track of the legal status of short-term lending in the U.S. – which encompasses financial products such as payday loans, pawn loans and title loans...

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CFPB’s Debt Collection, Payday Lending Rules Come Under Fire In Congressional Hearing
CFPB’s Debt Collection, Payday Lending Rules Come Under Fire In Congressional Hearing
October 16, 2019  |  CFPB

Payday lending practices again came under fire Wednesday (Oct. 16) from members of the U.S. Congress, as Kathy Kraninger, director of the Consumer Finance Protection Bureau...

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Google Play Store Boots Payday Loan Apps
Google Play Store Boots Payday Loan Apps
October 13, 2019  |  Google

High-interest consumer loans — often known as payday advances — are now banned from having apps on the Google Play store, The Wall Street Journal...

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Payday Lending Laws Drive Traffic To Pawn Shops
Payday Lending Laws Drive Traffic To Pawn Shops
October 04, 2019  |  Alternative Finances

While short-term lending in general has a pretty rough reputation, the pawn loan is the most ill-regarded arena in an already unloved category of consumer lending. By...

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Keeping Customers Safe (And Satisfied) With Call Center Innovation
Keeping Customers Safe (And Satisfied) With Call Center Innovation
September 05, 2019  |  Today In Data

Call centers need to ensure that they provide a robust customer experience via multiple channels, but that need can make the authentication process tricky in terms of...

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