The impact of consumer finance reforms since the Great Recession

In an important new article, University of Pennsylvania Law School Professor Natasha Sarin deploys original empirical research to examine the impact of key consumer finance reforms implemented in the wake of The Great Recession. ...

When cash is your enemy

Researchers have known for years that parting from cash can be a psychologically painful experience for many people—much more so than spending money with a credit or debit card. The emotional discomfort is significant enough ...

Philadelphia says no to totally cashless future

With an increasing number of US businesses no longer accepting cash, Philadelphia—the City of Brotherly Love—is taking a stand to protect the so-called "unbanked" and will force merchants to accept greenbacks.

With mobile pay, you can go without a wallet at checkout

When you're at the checkout line this holiday season, you could juggle your bags and dig into your purse or billfold for your credit or debit card. Or you could use that phone you're already clutching, or that new smartwatch ...

Tesco Bank fined by UK regulator over hacking

Britain's Tesco Bank has been fined £16.4 million ($21.4 million, 18.4 million euros) for failing to protect customers during a 2016 cyber attack, regulators said Monday.

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