Credit Cards

AmEx names former SEC chairman to board

Jay Clayton, known for his role as chairman of the Securities and Exchange Commission from May 4, 2017, until Dec. 23, 2020, joined American Express' board of directors.

CFPB looks to regulate buy now, pay later companies

The Consumer Financial Protection Bureau (CFPB) said it plans to issue guidance or rules that would bring the buy now, pay later (BNPL) sector in line with the standards that Congress has already established for credit cards.