Analysis-US consumer watchdog hands Wall Street rare win with Big Tech crackdown
By Hannah Lang The U.S. consumer watchdog, not usually known to side with Wall Street lenders, has handed
2023-11-17 19:21
Payments app Zelle begins refunds for imposter scams after Washington pressure
By Hannah Lang Banks on the payment app Zelle have begun refunding victims of imposter scams to address
2023-11-13 14:24
US consumer watchdog proposes rules for Big Tech payments, digital wallets
WASHINGTON The top U.S. consumer financial watchdog on Tuesday proposed to regulate tech giants' digital payments and smartphone
2023-11-08 01:22
Analysis-Europe's hard-pressed payment firms face investor exodus
By Elizabeth Howcroft LONDON A bleak economic outlook and tougher regulatory scrutiny are proving a final straw for
2023-10-26 22:49
Shares in one of London's biggest IPOs this year have crashed 82%
Three months ago, CAB Payments stumbled when it went public on the London Stock Exchange, its shares falling nearly 10% on their first day of trading on a market that has been starved recently of new listings.
2023-10-24 21:48
WeWork to withhold interest payment on some notes
(Reuters) -WeWork Inc on Monday said it had decided to withhold interest payments of about $95 million related to some
2023-10-03 06:15
Crisis at Evergrande deepens as it misses another bond payment
Evergrande Group has just missed another bond payment, casting further doubt over the future of the embattled property developer at the epicenter of China's real estate crisis.
2023-09-26 19:51
The Biden administration has a new student loan repayment plan. Use this tool to see how much your bill would be
A new federal student loan repayment plan known as SAVE (Saving on a Valuable Education) could lower monthly payments for millions of borrowers. Use CNN's calculator to see how much your monthly payment would be this year if you're enrolled in SAVE.
2023-09-22 02:51
Student loan borrowers are frustrated with servicers ahead of payment restart
With less than a month before federal student loan payments restart after the years-long pandemic pause, many borrowers are having a hard time connecting with their loan servicer.
2023-09-08 22:28
Country Garden dodges default by making last minute debt payments, state media reports
Country Garden, the embattled Chinese real estate firm, made late interest payments on two US dollar bonds shortly before the end of a 30-day grace period, avoiding an imminent debt default, according to multiple state media reports.
2023-09-05 15:23
Country Garden gets 'near-term reprieve' after bondholders agree to extend debt payment
Investors in embattled Chinese property giant Country Garden are breathing a collective sigh of relief Monday, after it reportedly won approval from creditors to extend a major bond payment to avoid default, in a development that analysts say will give the firm some badly needed respite.
2023-09-04 14:45
Student loan interest resumes Friday and payments restart in October. Here's what borrowers should know
For the first time in more than three years, federal student loan borrowers will be required to pay their monthly student loan bills starting in October. The pandemic-related pause, which went into effect in March 2020, provided relief to nearly 44 million borrowers by freezing their accounts.
2023-08-31 18:29