CFPB
Billion-Dollar Bank To Pay $20,000,000 Fine After Hitting Customers With ‘Illegal, Worthless Fees’ and Illegally Triggering Asset Seizures: CFPB
The Consumer Financial Protection Bureau (CFPB) is penalizing a … More…
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$384,000,000 To Be Handed To 191,000 Victims of Banking Giant’s Illegal Practices: Consumer Financial Protection Bureau
A US banking regulator says $384 million will soon be handed to victims… More…
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CFPB Report Highlights Risks in Crypto Gaming and Virtual Worlds
Recent developments have highlighted the fact that the Consumer … More…
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CFPB stresses risks in crypto-focused gaming, virtual worlds
In a recent release, the Consumer Financial Protection Bureau warned… More…
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Blockchain Association Rebuffs CFPB’s Proposal on Payment Apps and Digital Assets
In a detailed critique, the Blockchain Association counters the … More…
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Billion-Dollar Bank Sending $5,000,000 to Customers After Illegally Harvesting Millions in Fees: CFPB
A US bank with $20.5 billion in assets, loans, and deposits will send… More…
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Bank of America To Pay $12,000,000 Fine for Repeatedly Breaking the Law, Sending False Information to Regulators
One of the largest banks in the country is getting slapped with a multi-million… More…
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Financial Giant Fined $15,000,000 for Withdrawing Funds From Bank Accounts Without Consent, Deceiving Customers With False Statements
One of the largest licensed lenders in the US will pay a $15 million … More…
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U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments
A proposed rule would let the CFPB supervise nonbank payment providers… More…
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CFPB Issues Crucial Guidance on AI Use in Lending Decisions
In a significant move addressing the evolving landscape of lending… More…
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