Banks and credit unions are raising concerns about data security risks and oversight of third-party partners as the Consumer Financial Protection Bureau crafts rules around how much control consumers ...

Supreme Court To Decide Bank's Liability In Catholic School Scam Nine years ago, the Connecticut Supreme Court ruled that a ski resort couldn't limit its liability through contractual clauses. Now the ...

Banks and payments companies are being forced to work out questions of errors and liability as they prepare for agentic commerce. The generative artificial intelligence that powers agentic commerce — ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The breadth and complexity of Open Banking systems involve a ...

In recent years, several CBD companies faced product liability lawsuits brought by consumers. Many of these cases were dismissed without prejudice or stayed until the FDA takes action to regulate CBD ...

Insurance companies say the rise in identity theft has helped them sign up banks to sell insurance products that protect consumers against it. Some of these products have been around for some time; ...

The Racketeer Influenced and Corrupt Organizations Act provides for federal criminal and civil penalties for harms from “racketeering.” Wednesday’s ruling in Medical Marijuana, Inc v. Horn, like so ...

In late 2019, the U.S. Court of Appeals for the Third Circuit held Amazon liable as the seller of a third-party's dog collar that broke causing the retractable leash to recoil, hitting and blinding ...