Powerless Against Financial Scams, The CFPB Scapegoats The Big Banks
The CFPB apparently can’t see that its lawsuit will give bank customers the real Gordon Tullock, and in the worst way ...
American Banker8d
CFPB accuses Walmart and Branch of opening illegal accounts
The Consumer Financial Protection Bureau sued Walmart and payment app Branch Messenger, accusing them of illegally opening 1 ...
Elon Musk wants to ‘delete’ many Americans’ financial lifeline
It is especially surprising that one of the first federal agencies to come under scrutiny from the incoming administration is ...
KUOW11d
CFPB sues three top U.S. banks for failing to protect consumers from Zelle fraud
CFPB, the government's consumer financial watchdog agency, alleges customers of the top three banks lost more than $870 ...
Austin American-Statesman13d
New CFPB tool aims to help consumers save money on credit cards and avoid rewards scams
To help consumers, the CFPB launched the Explore Credit Cards tool using open data so people can more easily make apples-to-apples comparisons about their credit card options. The tool provides ...
The News Journal8d
Federal lawsuit claims consumers lost $870 million from scams on Zelle
The lawsuit names Early Warning Services, Bank of America, JPMorgan Chase and Wells Fargo, accusing them of contributing to over $870 million in scam-related losses on the Zelle network.
Wells Fargo, Chase, Bank of America sued over alleged unchecked fraud on Zelle app
Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...