CFPB sues Capital One alleging it cheated customers out of over $2 billion in interest
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
Capital One sued by US watchdog alleging bank cheated customers out of $2 billion
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings ...
Daily Voice Columbia County NY on MSN16h
CFPB: Capital One Cheated 360 Savings Customers On Interest
The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 billion in interest payments on savings accounts. The Consumer Financial ...
American Banker21hOpinion
Open banking levels the playing field for smaller banks and credit unions
New regulatory changes have created the potential to enable smaller institutions to compete more effectively with their ...
Compliance Week1d
New CFPB payment privacy rule on the way for gaming companies, cryptocurrencies, Big Tech
The Consumer Financial Protection Bureau has issued a proposed rule aimed at protecting the privacy of the public when using ...
JD Supra1d
Making Compliance Your New Year's Resolution
As we begin a new year, it is the perfect time for companies subject to any government agreement to renew their focus on compliance. These ...