Consumer Financial Protection Bureau

US Bank Regulator Terminates ‘Legal Loophole’ That’s Draining $5,000,000,000 From Customer Accounts Per Year

A US bank regulator says it’s shutting down a “legal … More…

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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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U.S. Consumer Financial Protection Bureau comes for crypto

The United States Consumer Financial Protection Bureau (CFPB) has… 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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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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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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