CFPB

Complaints to CFPB About Crypto Rose During Market Shakeup

Complaints to CFPB About Crypto Rose During Market Shakeup
Complaints to CFPB About Crypto Rose During Market Shakeup
September 30, 2022  |  Cryptocurrency

The Consumer Financial Protection Bureau (CFPB) has seen a surge in consumer complaints about cryptocurrency as the crypto market has turned more volatile. Get the...

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CFPB Sues MoneyLion Over Alleged Military Lending Act Violation
CFPB Sues MoneyLion Over Alleged Military Lending Act Violation
September 29, 2022  |  CFPB

The Consumer Finance Protection Bureau (CFPB) has sued online lender MoneyLion, along with 38 of its subsidiaries, over allegedly imposing illegal charges for service members...

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Regions Bank Must Refund $141M, Pay $50M CFPB Fine for Overdraft Fees
Regions Bank Must Refund $141M, Pay $50M CFPB Fine for Overdraft Fees
September 28, 2022  |  CFPB

Charging customers with surprise overdraft fees will cost Regions Bank a total of $191 million in customer redress plus a civil monetary penalty paid to...

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US Chamber, Banking Groups Allege CFPB Overreaches on Discrimination Testing
US Chamber, Banking Groups Allege CFPB Overreaches on Discrimination Testing
September 28, 2022  |  CFPB

The U.S. Chamber of Commerce has joined several business organizations in suing the Consumer Financial Protection Bureau (CFPB), saying the agency is overstepping its bounds...

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FedEx Rout, BNPL Scrutiny Help Drive CE100 Index Down 5.3%
FedEx Rout, BNPL Scrutiny Help Drive CE100 Index Down 5.3%
September 19, 2022  |  Connected Economy

Markets were roiled this past week by concerns over inflation, and over Fed rate hikes, and over consumer demand, especially — and it may have...

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From White House, a Clear Call for Tighter Crypto Controls
From White House, a Clear Call for Tighter Crypto Controls
September 18, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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This Week in Payments: Walmart Bets on Banking, the CFPB Warns of Overdoing BNPL and Consumers Are Forced to Get Thriftier
This Week in Payments: Walmart Bets on Banking, the CFPB Warns of Overdoing BNPL and...
September 16, 2022  |  Consumer Finance

This was the week when the Consumer Financial Protection Bureau released its awaited buy now, pay later (BNPL) report — it’s uneasy to say the...

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CFPB Says Consumers at Risk From BNPL Over-Extension
CFPB Says Consumers at Risk From BNPL Over-Extension
September 15, 2022  |  Regulation

For buy now, pay later (BNPL), heady growth demands some new guardrails. Get the Full Story Complete the form to unlock this article and enjoy...

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CFPB’s Chopra Tells GOP Old Laws Still Apply for New Offenders
CFPB’s Chopra Tells GOP Old Laws Still Apply for New Offenders
September 15, 2022  |  CFPB

Speaking at a virtual event for the anniversary of a watchdog group, the Consumer Financial Protection Bureau (CFPB) boss took the opportunity to address a...

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