Tags » Stacy Cowley

Judge Rejects DeVos’s Halt of Rule to Help Defrauded Students

The Education Department was “arbitrary and capricious” in its move to suspend an Obama-era rule intended to protect student borrowers, a judge said. But the victory may be short-lived.. 10 more words

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Student Loan Watchdog Quits, Saying Trump Administration Is Harming Students

The Consumer Financial Protection Bureau’s top student loan official accused its leadership of favoring “powerful financial companies” over consumers.. via NYT Business Day https://ift.tt/2oeSrIg

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Banks and Retailers Are Tracking How You Type, Swipe and Tap

Biometrics are moving way beyond fingerprints: To fight fraud, companies are building databases on people’s behaviors and movements.. via NYT Business Day https://ift.tt/2P19Y2K

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Tesla Reports Another Big Loss, but Sees Only Profit Ahead

Elon Musk, the chief executive, said the electric-car maker was about to turn a corner with output of its mass-market Model 3, buoying company shares.. via NYT Business Day https://ift.tt/2M9Knmm

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Zelle, the Banks’ Answer to Venmo, Proves Vulnerable to Fraud by STACY COWLEY

The personal payment platform Zelle is flourishing. But so are fraudsters, who are exploiting weaknesses in the banks’ security.. via NYT Business Day https://nyti.ms/2HRn2Vg

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Credit Card Signatures Are About to Become Extinct by STACY COWLEY

The major credit card networks are ending a requirement that people sign for most card transactions — the latest blow to the signature.. via NYT Business Day https://nyti.ms/2qg0RAr

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Battle for Control of Consumer Agency Heads to Court by STACY COWLEY

Leandra English, the deputy director of the Consumer Financial Protection Bureau, filed a lawsuit to block President Trump’s nominee from becoming its acting director.. via NYT Business Day http://nyti.ms/2Afam6R

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