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NEW YORK–The annual transaction volume of online peer-to-peer (P2P) lending platforms will increase by an average of 80% over the next five years, according to a projection by Statista’s Digital Market Outlook.

WASHINGTON—The CFBP has taken action against CarHop, one of the country’s biggest “buy-here, pay-here” auto dealers, and its affiliated financing company, Universal Acceptance Corporation, for providing damaging, inaccurate consumer information to credit reporting companies.

PLEASANTON, Calif.—Safeway is investigating the possibility of thieves placing card skimmers on POS terminals at several of the grocery chain’s locations. A report claims that two stores in the Bay Area could have been effected.

PORTLAND, Ore.—The rapid rise of the online bank Simple was profiled by USA Today, which noted that while it may be a banking service, its CEO and co-founder does not want consumers to view it that way.