NY AG’s Office Gets Judgments Against 3 Merchant Cash Advance Companies 02/22/2024 07:03 pm NEW YORK – New York’s Attorney General Office has secured a large court judgment against three merchant cash advance companies.
Mastercard Reports It Has Built Out Its Own AI Model to Detect Fraud 02/22/2024 07:04 pm PURCHASE, N.Y.—Mastercard is reporting it has built its own proprietary generative artificial intelligence model it said is designed to help its issuer financial institutions detect and root out fraudulent transactions.
CFPB Negotiates $12 Million Settlement in Alleged Foreclosure Relief Scam 02/22/2024 07:04 pm WASHINGTON—The Consumer Financial Protection Bureau is reporting it has resolved an appeal in a long-running enforcement suit against an alleged foreclosure relief scam operation for $12 million in consumer redress and penalties.
Americans Know It’s Not Good to Carry Card Balance, But Most Do Anyway, Survey Finds 02/22/2024 07:06 pm NEW YORK—Americans know that carrying a credit card balance is a bad idea, but 45% typically do so anyway, a new survey reveals.
Groups, Including Credit Unions, Call on FTC to Address Concerns Around Robotexts 02/22/2024 07:03 pm WASHINGTON—The Federal Trade Commission is being urged to address a variety of concerns on its draft order and notice of proposed rulemaking on revocation of consent for robotexts.
Bourbon. Barbecue. Bands. CU4Kids Adds 2 New Fundraising Events 02/22/2024 07:04 pm SALT LAKE CITY– CU4Kids has added two new fundraising events to its lineup.