Trump fires Biden’s Consumer Protection watchdog Rohit Chopra
Rohit Chopra, the director of the Consumer Financial Protection Bureau under President Joe Biden, was fired by the Trump administration, ...
Tag: CFPB
CFPB fines fintech Wise $2.5M
Electronic money services provider Wise is being ordered by the Consumer Financial Protection Bureau to pay $2.025 million in a ...
CFPB fines Cash App $175M
Peer-to-peer payments app Cash App is being ordered by the Consumer Financial Protection Bureau to pay $175 million in refunds ...
CFPB claims Capital One kept customers in dark
The Consumer Financial Protection Bureau is suing Capital One for allegedly keeping its customers in the dark about its digital ...
CFPB requests public comment on consumer privacy protections
The Consumer Financial Protection Bureau published a “request for information” today asking the public to comment on data privacy protections ...
CFPB’s appointment of FDX is ‘good for banks, bad for fintechs’
Banks are better positioned to adopt the Financial Data Exchange’s data sharing protocols than are fintechs, giving banks an edge ...
FDX to set data-sharing standards for open banking
The Consumer Financial Protection Bureau has approved the Financial Data Exchange’s (FDX) application to issue standards for data sharing for ...
CFPB sues Walmart, fintech for illegally opening accounts
Walmart Inc. and one of its financial technology partners allegedly opened expensive bank accounts for delivery drivers of the world’s ...
JPMorgan, Bank of America respond to CFPB lawsuit
Bank of America, JPMorgan Chase and Early Warning Services are standing firm against allegations made by the Consumer Financial Protection ...
CFPB lawsuit against bank giants is ‘regulatory overreach,’ Zelle says
The Consumer Financial Protection Bureau announced today that it has sued Early Warning Services, Bank of America, JPMorgan and Wells ...
