Equifax, Experian, and TransUnion Routinely Failed To Fully Respond To Consumers With Errors

A new analysis by the Consumer Financial Protection Bureau (CFPB) reveals how changes in complaint responses provided by nationwide consumer reporting companies resulted in fewer meaningful responses and less consumer relief. In 2021, Equifax, Experian, and TransUnion together reported relief in response to less than 2% of covered complaints, down from nearly 25% of covered complaints in 2019.

The collaboration gives regulated firms choice and flexibility to automate global KYC

Litigation funding specialists Apex Litigation Finance have announced the appointment of Mark Sands as Head of Insolvency, where he will be taking overall responsibility for the company’s presence in the insolvency sector.

Mark has more than 35 years of experience in the insolvency profession, most recently in a senior role at Quantuma. A former President of the Insolvency Practitioners Association, Mark’s career previously included roles at KPMG and Tenon.

Up to double bonus Avios available on the British Airways American Express^® Cards

From today, American Express is launching a series of limited time offers that will award generous Welcome Bonuses on its British Airways American Express Cards. Running until 28 February, 2022, these promotions include new Cardmembers* receiving a Welcome Bonus of up to double the usual amount, and existing Cardmembers receiving up to 12,000 Avios when they invite a friend. 

Next generation payment processing company, Radar Payments by BPC, has been selected to tackle eCommerce fraud prevention by Singapore's largest home-grown online payment solutions fintech Red Dot Payment (RDP), an e-commerce enabler focused primarily on serving the e-commerce and hospitality verticals.

Cyprus based broker, Sheer Markets has selected Muinmos as its RegTech partner for fast onboarding and regulatory compliance.

Long forecast, it has arrived.

The catalyst is the Federal Reserve minutes, but the market was already teetering in any case.

Please be aware that the Australian market may play very quick catch up to a far harsher reality fundamental situation that anyone wants to consider.

This is very real economic demise in the form of pre-existing supply chain disruption, now Omi causing further widespread and severe dislocation, and coming just when the Federal Reserve, belatedly behind several other central banks, begins to raise interest rates.

Following an announcement from HMRC in December, Ecospend can confirm it has initiated £2.4bn worth of open banking transactions through its ‘pay by bank’ services across its client portfolio.

Banking firms have long adopted evolving technology to ensure the success of their operations, but the rise of cloud and the multitude of its utility has not yet been fully embraced by the majority of banking institutions. With leading international financial institutions such as Deutsche Bank and Goldman Sachs now migrating their operations to cloud technology, the migration is certainly set to accelerate.