CFPB sues Walmart, Branch Messenger for forcing drivers to use costly deposit accounts
Walmart and a financial tech company are being sued over allegations the retail giant forced drivers to use costly, ...
JD Supra5d
CFPB Issues Final Rule Limiting Overdraft Fees at Large Banks, Treats Overdraft as Credit
On December 12, 2024, the Consumer Financial Protection Bureau (CFPB) issued a final rule that treats covered overdraft services offered by banks ...
JD Supra2d
CFPB issues final rule on Property Assessed Clean Energy financing
On December 17, the CFPB finalized a rule concerning Property Assessed Clean Energy (PACE) financing. The final rule integrated existing ...
Even if CFPB Trims Rulemaking, It Will Keep Eyeing Data Brokers
Troutman Pepper attorneys highlight legal obligations under the Fair Credit Reporting Act and how companies should continue ...
RealClearMarkets2d
The CFPB Wants You To Pay For Mistakes of Others
Now with a new administration incoming, CFPB Chair Rohit Chopra and his army of bureaucrats are making a final push to ...
Consumer Financial Protection Bureau sues big banks over 'widespread' fraud on Zelle app
The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.
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 ...
Consumer protection agency closes the Biden era taking big swings
Three new lawsuits filed by the CFPB take aggressive actions that could potentially be reversed by President-elect Donald ...
Winston-Salem Journal5d
Nation's three-largest banks sued by federal regulators over alleged Zelle-related fraud
Bank of America Corp., JPMorgan Chase & Co., and Wells Fargo & Co. — and the operator of the Zelle payment network are ...