Breaking Industry News
Breaking News articles for April 2025
Green Sheet interviews NetGuardian's Joël Winteregg
Thursday, April 03, 2025
As financial crime grows in scale and sophistication, driven in part by emerging technologies like AI, the need for innovation, cross-border collaboration and smarter prevention tools has never been greater. In this exclusive Green Sheet interview, Joël Winteregg, CEO of NetGuardian, shares his insights on the evolving global threat landscape, the critical role of public-private partnerships, and how financial institutions can harness the latest advances in technology to stay one step ahead of fraudsters.
CFPB no longer wants BNPL covered by Reg Z
Wednesday, April 02, 2025
The Consumer Financial Protection Bureau (CFPB) plans to back off an interpretive ruling that buy now pay later loans are subject to Regulation Z. Reg Z is a federal rule set that covers consumer credit extensions and includes requirements around account opening disclosures, billing statements, changes in terms disclosures and treatment of credit balances.
Consumers hammered by fraud losses
Tuesday, April 01, 2025
The Federal Trade Commission reported that consumers lost $12.5 billion to fraud in 2024, representing a 25 percent increase over 2023 losses. But some experts say losses were even higher.
