The Consumer Financial Protection Bureau is suing Capital One, which it says kept customers in the dark about higher-yielding ...
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
Capital One, the ninth largest bank in the US, marketed its 360 Savings account as having one of the highest annual ...
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 ...
The Consumer Financial Protection Bureau's last-minute actions are expected to annoy the incoming Trump administration, which ...
Today’s ever-shifting business environment means that consumers, businesses, employers, and employees all expect to transact digitally. To ...
Copyright 2025 The Associated Press. All Rights Reserved. Seattle Seahawks cornerback Riq Woolen, left, shares a moment with his mother following an NFL football game ...
It seems obvious that removing such risk would encourage people to make reckless financial decisions – to everyone except President Biden's Consumer Financial Protection Bureau (CFPB.) ...
The CFPB issued a circular to other law enforcement agencies warning that some credit card companies operating rewards programs may be breaking the law. The CFPB’s circular highlighted various ...
CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...
a CFPB spokesperson, told Business Insider in a statement. "This rule is common sense and long overdue, and it's unclear why big banks are scared to be transparent with their customers about the ...
It’s bad for banks, and especially for their low-income customers. The CFPB rule, finalized this month, applies to commercial banks and credit unions with more than $10 billion in assets.