Finance

Is Your Firm Meeting FCA Expectations for Consumer Duty Outcomes?
Finance Is Your Firm Meeting FCA Expectations for Consumer Duty Outcomes?

The Financial Conduct Authority (FCA) has published findings on how larger insurance firms approach Consumer Duty outcome monitoring, a critical component in safeguarding consumer interests. The information outlines both good and poor practices related to outcome monitoring, making it clear that

Will Zinzino's Sales Surge Drive Long-term Profitability?
Finance Will Zinzino's Sales Surge Drive Long-term Profitability?

Zinzino, a direct selling company renowned for its health and wellness products, has demonstrated remarkable growth in Q4 2024, with preliminary sales figures showing a 34% increase and December alone witnessing a 58% rise. This performance has significantly exceeded the estimated 20% growth for

Will Barr's Resignation Change the Future of U.S. Bank Regulations?
Finance Will Barr's Resignation Change the Future of U.S. Bank Regulations?

Michael Barr's unexpected resignation as Vice Chair for Supervision of the Federal Reserve has stirred significant conversations regarding the future of financial regulation in the United States. Barr's departure is set for February 28, 2024, and comes at a critical time when tensions

Rachel Rodgers Shares 5 Steps to Build Wealth and Become a Millionaire
Finance Rachel Rodgers Shares 5 Steps to Build Wealth and Become a Millionaire

Rachel Rodgers is a self-made millionaire who has created a comprehensive system to help others achieve financial independence and prosperity. In her book, "We Should All Be Millionaires," Rodgers dispels common misconceptions about wealth-building and emphasizes the importance of taking

Why Did Cross River Bank Drop Its $4 Million Lawsuit Against First Data?
Finance Why Did Cross River Bank Drop Its $4 Million Lawsuit Against First Data?

In an unexpected turn of events, Cross River Bank has decided to drop its high-profile lawsuit against Fiserv's First Data Merchant Services unit. The lawsuit was filed in the Eastern District of New York and centered around allegations that First Data attempted to evade contractual

Open Banking Moves Towards FDX Standards, Enhancing Consumer Control
Finance Open Banking Moves Towards FDX Standards, Enhancing Consumer Control

Open banking is revolutionizing the financial industry by providing consumers with unprecedented control over their personal financial data. Under Section 1033 of the Dodd-Frank Act, the Consumer Financial Protection Bureau (CFPB) has laid the groundwork for this initiative, aiming to boost

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