CFPB

opinion

Building Sustainable Revenue Without Opt-Out Cross-Sales

Over the past year, we’ve seen growing pushback from acquirers on merchants using opt-out cross-sales — also known as negative option offers. This has been especially noticeable in the U.S. In fact, one of our acquirers now declines new merchants during onboarding if an opt-out flow is detected. Existing merchants submitting new URLs with opt-out cross-sales are being asked to remove them.

FSC Files Financial Discrimination Complaint Against Banking Service Novo

Free Speech Coalition (FSC) has filed a formal complaint against fintech provider Novo, after the banking service provider rejected the organization's business account application without providing any reason for its decision.

Aug 3, 2023

FSC Petitions Consumer Financial Protection Bureau Over Discrimination Against Adult Industry, Workers

Free Speech Coalition (FSC) has submitted an official comment to the Consumer Financial Protection Bureau (CFPB), asking regulators to address the issue of discriminatory banking practices and their effects on adult businesses and workers.

Jul 18, 2023