Consumer Finance Protection Bureau

CFPB Targets Wrongful Car Repossessions and Service Fees
CFPB Targets Wrongful Car Repossessions and Service Fees
October 07, 2024  |  CFPB

The Consumer Finance Protection Bureau (CFPB) says it’s taking action against improper automobile repossessions. The regulator on Monday (Oct. 7) released findings in its investigation...

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Report: CFPB Probe of Zelle Expected to Include BofA and Wells Fargo
Report: CFPB Probe of Zelle Expected to Include BofA and Wells Fargo
August 07, 2024  |  Fraud Prevention

The Consumer Financial Protection Bureau (CFPB) is reportedly looking into how some of the biggest U.S. banks handle complaints from customers who dispute transactions made through Zelle. JPMorgan...

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CFPB Pays $384 Million to Victims of Think Finance Scheme
CFPB Pays $384 Million to Victims of Think Finance Scheme
May 14, 2024  |  CFPB

Eleven years ago, Think Finance was named one of Forbes’ most promising companies. Now, the online lender is bankrupt, with the Consumer Finance Protection Bureau (CFPB) saying it...

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CFPB Head Doesn’t Want to Be ‘Cheerleader’ for Bank Mergers
CFPB Head Doesn’t Want to Be ‘Cheerleader’ for Bank Mergers
July 20, 2023  |  Regulation

America’s consumer watchdog says bank mergers are set to become much tougher to pull off.  In an interview with Reuters Thursday (July 20), Consumer Financial Protection Bureau (CFPB) Director Rohit...

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CFPB and European Commission Open Dialogue About Digitization of Finance
CFPB and European Commission Open Dialogue About Digitization of Finance
July 17, 2023  |  CFPB

As financial services become more digital, consumer advocates on both sides of the Atlantic are taking notice. To that end, Didier Reynders, commissioner for justice...

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CFPB Cites ACI Worldwide in $2 Billion ‘Mortgage Fiasco’
CFPB Cites ACI Worldwide in $2 Billion ‘Mortgage Fiasco’
June 27, 2023  |  CFPB

America’s consumer finance regulator has fined ACI Worldwide for processing more than $2 billion in unauthorized mortgage payments. The Consumer Finance Protection Bureau (CFPB) said...

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Court Orders FinTech Block to Provide Emails to CFPB 
Court Orders FinTech Block to Provide Emails to CFPB 
December 01, 2022  |  Regulation

A federal court has ruled that FinTech Block must provide information to a regulator.  The Consumer Financial Protection Bureau (CFPB) is seeking emails to and from Brian Grassadonia — the...

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CFPB: Active Network Duped Users Into $300M in Junk Fees
CFPB: Active Network Duped Users Into $300M in Junk Fees
October 18, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has sued Active Network, saying the online event registration company duped people into signing up for its discount subscription...

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CFPB Probes Goldman’s GM, Apple Credit Card Business Practices
CFPB Probes Goldman’s GM, Apple Credit Card Business Practices
August 04, 2022  |  CFPB

Goldman Sachs said Thursday (Aug. 4) it is cooperating with an investigation by the Consumer Financial Protection Bureau (CFPB) into its credit card business. In...

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