fees

CFPB Report Shows Kroger, Dollar Tree and Others Charging Fees for Cash-Back Transactions
CFPB Report Shows Kroger, Dollar Tree and Others Charging Fees for Cash-Back Transactions
August 27, 2024  |  Consumer Finance

A new report released Tuesday (Aug. 27) from the U.S. Consumer Financial Protection Bureau (CFPB) sheds light on a growing trend: Major retailers are now...

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Federal Reserve Fines Green Dot $44 Million, Alleging Unfair Practices
Federal Reserve Fines Green Dot $44 Million, Alleging Unfair Practices
July 19, 2024  |  Legal

The Federal Reserve Board said Friday (July 19) that it fined Green Dot $44 million for unfair and deceptive practices and a deficient consumer compliance risk management...

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Neobanks See An Opportunity As Banks Move Away From Free Services
Neobanks See An Opportunity As Banks Move Away From Free Services
July 05, 2024  |  Banking

The arguably natural consequences of fee caps and limits on debit interchange — and the uncertainty of the regulatory climate — are now showing up...

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FTC Lawsuits Resulted in $324 Million in Refunds in 2023
FTC Lawsuits Resulted in $324 Million in Refunds in 2023
June 21, 2024  |  Disbursements

Federal Trade Commission (FTC) lawsuits resulted in over $324 million in refunds to consumers in 2023. That total includes money returned to consumers as a...

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Report: Huawei May Exempt WeChat From In-App Transaction Fees
Report: Huawei May Exempt WeChat From In-App Transaction Fees
June 19, 2024  |  Mobile Applications

Huawei is reportedly ready to let WeChat operate on Huawei’s mobile platform without sharing revenue. The deal, Bloomberg News reported Wednesday (June 19), would be...

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CFPB Late Fee Lawsuit Moved Back to DC Court
CFPB Late Fee Lawsuit Moved Back to DC Court
May 29, 2024  |  Legal

This round of jurisdictional ping pong goes to the CFPB. A federal judge in Texas has bounced a lawsuit challenging the consumer protection agency’s credit...

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Airlines Sue DOT Over New Fee Disclosure Rules
Airlines Sue DOT Over New Fee Disclosure Rules
May 13, 2024  |  Legal

Airlines are reportedly suing the U.S. Transportation Department (DOT) over new fee rules. The suit was filed in federal court last week by industry group Airlines for America, Reuters reported...

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Federal Judge Blocks CFPB Rule Limiting Credit Card Late Fees
Federal Judge Blocks CFPB Rule Limiting Credit Card Late Fees
May 10, 2024  |  Credit Cards

The government’s new rule that would limit credit card late fees has been blocked by a federal judge in Texas. In a Friday (May 10)...

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Banks Urge Fed to Withdraw Rule Lowering Cap on Debit Interchange Fees
Banks Urge Fed to Withdraw Rule Lowering Cap on Debit Interchange Fees
May 10, 2024  |  Bank Regulation

Beyond the Consumer Financial Protection Bureau (CFPB)’s new rule that would cap credit card late fees, banks are girding for the impact of the Federal...

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