Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...

The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, ...

On January 8, the Consumer Financial Protection Bureau (CFPB) officially recognized Financial Data Exchange, Inc. (FDX) as ...

The CFPB is suing Zelle arguing that it should be forced to reimburse anyone who unwittingly transfers their own money to a scammer. Its actions seem all the more disingenuous given that no ...

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 ...

The CFPB is no stranger to criticism. The Supreme Court in May rejected a conservative-led lawsuit that sought to dismantle the CFPB's funding structure. The lawsuit argued that Congress should ...

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.

CFPB’s lawsuit alleges that Walmart and Branch opened Branch accounts for Spark drivers, and Walmart then deposited drivers’ pay into said accounts without the drivers’ consent.

CFPB, the government’s consumer financial watchdog agency, alleges customers of the top three banks lost more than $870 million over the seven years that Zelle has been in existence due to the ...

“Rocket engaged in a kickback scheme that discouraged homebuyers from comparison shopping and getting the best deal,” CFPB Director Rohit Chopra said. “At a time when homeownership feels out ...