Rohit Chopra’s assault on Zelle will create more openings for crooks.
Zelle is owned by seven major banks. The CFPB has sued Early Warning Services, the company that operates Zelle, along with ...
The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To ...
Congress created the Consumer Financial Protection Bureau in 2010 in the aftermath of the Great Recession. It is a large ...
A federal agency is suing JPMorgan Chase Bank N.A., Wells Fargo Bank N.A. and Bank of America N.A., accusing the banks of failing to protect consumers from fraud on the widely available peer-to-peer ...
A number of firms are supporting stronger financial fraud prevention through networks in the age of deepfakes and generative ...
The CFPB sued Walmart and workforce payments provider Branch Messenger for illegally opening deposit accounts for more than 1 ...
Fed Rate Cuts Won’t End the Sting of High Interest Rates for Subprime Cardholders ...
The US Consumer Financial Protection Bureau said Dec. 23, 2024, that it sued retail giant Walmart (WMT) and financial technology company Branch Messenger on allegations that they forced delivery ...
Here are a few of the institutions that grabbed regulators' attention in 2024 and are expected to continue attracting ...
A 15-year-old was arrested in connection with an attempted robbery that occurred on Dec 17 after his mother recognized him ...
Wells Fargo analyst Mike Mayo maintained a Buy rating on PNC Financial (PNC – Research Report) today and set a price target of $235.00. The ...