The CFPB sued Walmart and workforce payments provider Branch Messenger for illegally opening deposit accounts for more than 1 ...
CFPB Director Rohit Chopra has recently issued a statement on developments regarding large asset manager ownership of banks.
A federal agency is suing JPMorgan Chase Bank N.A., Wells Fargo Bank N.A. and Bank of America N.A., accusing the banks of failing to protect consumers from fraud on the widely available peer-to-peer ...
A number of firms are supporting stronger financial fraud prevention through networks in the age of deepfakes and generative ...
The popular peer-to-peer payment platform, Zelle and three of the nation’s largest banks have been sued by the federal government over alleged “widespread fraud” payments through Zelle. The Consumer ...
We previously posted an article about a proposed rule that could drastically affect the courtesy overdraft services offered ...
The limit on fees that banks and credit unions impose on clients whose account balances are insufficient to cover transactions would save U.S. consumers $5 billion every year, the federal agency said ...
Rocket Homes, The Mitchell Group and Jason Mitchell are being sued by the Consumer Financial Protection Bureau (CFPB).
Long-sought curbs on high credit card fees and other harmful practices might not survive the new administration.
Clamping down on consumer practices in the airline industry was a cornerstone of the Biden administration — many regulations ...
The Consumer Financial Protection Bureau attacks those that disagree with it, billionaire Marc Andreessen claimed. “Delete ...
CFPB sued Walmart and Branch Messenger for forcing delivery drivers to use costly deposit accounts to get paid and for ...