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 ...

SALT LAKE CITY, Jan. 09, 2025 (GLOBE NEWSWIRE) -- The Financial Data Exchange (FDX) is pleased to announce its official recognition by the Consumer Financial Protection Bureau (CFPB) as an industry ...

The actions are widely expected to be rescinded by a new incoming acting CFPB director appointed by President-elect Trump. Both actions — a nonbinding interpretive rule on how existing law applies to ...

The top US consumer financial regulator is seeking to strengthen protections for customers against excessive surveillance and fraud in digital payments and currencies. The Consumer Financial ...

The Consumer Financial Protection Bureau is suing Capital One, which it says kept customers in the dark about higher-yielding savings accounts.

Finalized on January 7, a new rule from the Consumer Financial Protection Bureau (CFPB) prohibits credit reporting agencies from including medical debt information in the credit reports and scores ...

On March 5, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule limiting the penalty for late payment to $8 per incident, down from an industry average of $32. It is expected to ...

During Donald Trump’s first term, the CFPB’s Office of Innovation allowed companies to apply for no-action letters that served as protective agreements, enabling them to develop specific products ...