CFPB Reaffirms Merchant Cash Advances Stay Excluded From Section 1071 Reporting
CFPB's annual Fair Lending Report reaffirms merchant cash advances stay excluded from Section 1071 reporting ahead of the Jan. 2028...
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UK Fashion Retailer TFG London Hit by Cyberattack, Online Orders Disrupted
TFG London, owner of Phase Eight, Hobbs and Whistles, confirmed a cyberattack disrupting online orders days after a similar breach...
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Issuers Are Losing More Ground on Digital Subscription Chargebacks
Quavo Labs found issuer win rates on digital subscription chargebacks fell 35% in 26 days, even as dispute volume held...
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42% of Finance Teams Now Run Three or More AI Tools Against Payments Fraud
New PYMNTS/Bottomline research finds 42% of finance teams run 3+ AI fraud tools; 35% still face check fraud, 78% struggle...
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AI Pushes Global Scam Losses to an Estimated $442B
A Bloomberg report citing GASA data puts 2025 global scam losses at $442B across 42 countries, with AI-generated phishing pages...
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Visa, Mastercard Interchange Payouts to Merchants Top $631M
Merchants have received $631.7M of the $5.5B Visa/Mastercard settlement, with 689,340 paid and an injunctive-relief hearing set for next month.
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equipifi Updates BNPL Decision Tool as Zip Taps Google Cloud for Product Testing
equipifi rolled out risk-based BNPL pricing for banks and credit unions, while Zip is using Google Cloud to build and...
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Amex’s National Bank Fined $350M by OCC Over AML Failures; Fed Issues Separate Order
Regulators hit American Express with a $350 million penalty and cease-and-desist orders over significant BSA/AML program deficiencies.
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