Thursday, May 23, 2024

TOPICS

Home Tags Consumer Financial Protection Bureau

Tag: Consumer Financial Protection Bureau

Big-bank CEOs warn that new regulations could harm the economy

NEW YORK (AP) – The heads of Wall Street's biggest banks used an appearance on Capitol Hill to plead with senators to stop the...

Reed leads call for credit bureaus to better protect service members...

PROVIDENCE – Erroneous information that shows up on a credit report can be costly for any consumer – making it harder and more expensive...

BofA to pay more than $100M for doubling fees, opening accounts...

Bank of America must pay more than $100 million to customers for doubling up on some fees, withholding reward bonuses and opening accounts without...

CFPB launches probe into costly credit cards pushed on patients for...

WASHINGTON – Three federal agencies last week launched an investigation into high-cost specialty financial products – such as medical credit cards and installment loans...

CFPB director Chopra outlines road to open banking

PROVIDENCE – The Consumer Financial Protection Bureau is working to accelerate the shift to open banking through a new personal data rights rule intended...

Billions stored on digital payment apps may be unprotected, CFPB warns

WASHINGTON – The Consumer Financial Protection Bureau has published a consumer advisory on digital payment apps heavily used by consumers and businesses. A CFPB analysis...

Citizens Bank to pay $9M penalty for unlawful credit card servicing

PROVIDENCE – Without admitting fault, Citizens Bank on Tuesday agreed to pay $9 million to settle allegations of failing to properly manage and respond...

CFPB warns banks against unilaterally reopening closed consumer accounts

WASHINGTON – The Consumer Financial Protection Bureau affirmed last week that a bank is in violation of federal law if it unilaterally reopens a...
IF YOU BOUGHT an unsuccessful gift this holiday season with a “buy now, pay later” plan, you or the recipient might soon be wondering how to return it. / AP FILE PHOTO/JULIA NIKHINSON

Buy now, pay later can make gift returns trickier

Shoppers who used “buy now, pay later” to help finance gifts this holiday season may soon encounter an unwelcome surprise: returns can be more...
CONSUMER BANKING giant Wells Fargo must pay $3.7 billion in fines and refunds to customers, the largest fine to date against the bank. Pictured is a Wells Fargo sign in Bradenton, Fla. / AP PHOTO/GENE J. PUSKAR

Wells Fargo to pay $3.7B over consumer loan violations

WASHINGTON (AP) – Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers...
- Featured Event -

Latest News