Blockchain-based technologies may one day change the worlds of finance and payments. But so far, they haven’t. At least, not in the sweeping and transformative...
The Consumer Financial Protection Bureau (CFPB) has sued student loan servicer Pennsylvania Higher Education Assistance Agency (PHEAA), alleging that it collects on loans that borrowers...
Visa and Mastercard will pay $197 million to end a class action suit centered on ATM fees. According to court papers filed Wednesday (May 29),...
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...
Live Nation and its Ticketmaster business are reportedly facing a consumer antitrust lawsuit that comes on the heels of a suit filed by the Justice Department. The consumer suit is...
Dolce & Gabbana has reportedly been sued by a customer who said he spent $6,000 on non-fungible tokens (NFTs) offered by the company, only to have...
The Consumer Financial Protection Bureau sued SoLo Funds, alleging that the online lending platform used “digital dark patterns” to illegally collect fees from borrowers. The lawsuit also alleged that SoLo Funds...
Reading the Thursday (May 16) Supreme Court ruling upholding the constitutionality of the Consumer Financial Protection Bureau’s funding mechanisms — and ensuring the agency’s survival — takes one through centuries of...
The Supreme Court ruled Thursday (May 16) that the Consumer Financial Protection Bureau’s funding mechanism is constitutional. The decision reversed a lower court ruling that threatened the very existence of...