Strengthening the Digital Perimeter: LexisNexis Risk Solutions and Promon Forge Strategic Alliance to Combat Mobile Fraud

By PYMNTS | July 3, 2026 In an era where the mobile device has become the primary portal for global commerce, banking, and sensitive personal interactions, the battleground for cybersecurity has shifted decisively toward the application layer. Recognizing the escalating sophistication of digital threats, LexisNexis Risk Solutions and Promon have announced a strategic alliance aimed…

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CFPB Overhauls Complaint System to Combat Unprecedented Surge in Credit Reporting Disputes

By PYMNTS | June 24, 2026 The Consumer Financial Protection Bureau (CFPB) announced a sweeping series of reforms to its consumer complaint infrastructure on Wednesday, June 24, 2026. The agency, which serves as the primary federal watchdog for the American financial marketplace, stated that the overhaul is a necessary response to a systemic breakdown in…

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The $12 Billion Trap: States Urged to Combat Rising Overdraft Fees in Post-Deregulation Era

WASHINGTON — In a climate defined by an intensifying national affordability crisis, a new fiscal alarm is sounding for American households. According to data released this week by the National Consumer Law Center (NCLC), struggling families across the United States paid a staggering $12 billion in overdraft and nonsufficient funds (NSF) fees throughout 2025. This…

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Legislative Push: New Bill Seeks to Combat Resurgent Check and Wire Fraud

By PYMNTS | June 18, 2026 In an effort to stem the rising tide of financial crime, Representative Young Kim has officially introduced the "Strengthening Transaction Oversight and Preventing Payments Fraud Act of 2026" (STOP Payments Fraud Act of 2026). The proposed legislation aims to overhaul current regulatory frameworks that critics argue inadvertently tie the…

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Breaking the Chains of Financial Abuse: Vermont Enacts Landmark Legislation to Combat Coerced Debt

BOSTON – In a significant victory for survivors of domestic violence and vulnerable populations, Vermont has officially moved to dismantle the systemic mechanisms of economic abuse. On May 29, 2026, Governor Phil Scott signed groundbreaking legislation into law, establishing a legal framework to protect individuals from being held liable for debts incurred through coercion, fraud,…

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