Companies are being cautioned that they must not trick people into paying for subscriptions they don’t want. The Consumer Financial Protection Bureau (CFPB) has issued...
With a focus on fees, the Consumer Financial Protection Bureau (CFPB) may reshape cross-border payments, specifically the hundreds of billions of dollars in remittances that...
America’s top consumer watchdog is reportedly looking to strengthen its rules for overseas money transfers. The Consumer Financial Protection Bureau (CFPB) is considering new restrictions...
The $3.7 billion settlement with the Consumer Financial Protection Bureau (CFPB) hit Wells Fargo’s profits. But the bank’s management was sanguine Friday (Jan. 13) on digital...
The surging popularity of buy now, pay later has bucked conventional wisdom about installment lending. “At the beginning of the BNPL boom, we heard all...
The CFPB says it has settled a lawsuit against a debt collection firm it accused of filing junk lawsuits against consumers. Assuming a judge approves...
A federal regulatory agency wants to take a closer look at nonbanks’ terms and conditions. The Consumer Financial Protection Bureau (CFPB) proposed a rule Wednesday...
Wells Fargo is shrinking and simplifying its home lending business. The business will now focus on bank customers and minority communities, while the bank exits...
Subprime auto lender Credit Acceptance Corp. is being accused of “setting borrowers up to fail.” The Consumer Financial Protection Bureau (CFPB) and the New York...