FinTech
Trump Fires CFPB Director Chopra: What it Means for Consumer Protection
Understanding the Implications of the Leadership Shift at the CFPBHighlights: President Trump has removed Rohit Chopra from his position as Director of the CFPB.The...
FinTech
CFPB Orders Wise to Pay Over $2 Million for Consumer Protection Violations
Financial Technology Firm Faces Increased Scrutiny Over Regulatory ComplianceHighlights: The CFPB mandates Wise to pay over $2 million due to consumer protection violations.This enforcement...
FinTech
CFPB Targets Digital Payment Privacy: New Guidelines for Consumer Protection
Understanding the Implications of CFPB's Latest Regulations on Digital PaymentsHighlights: CFPB introduces new guidelines aimed at enhancing consumer protection in digital payments.The regulations focus...
FinTech
Understanding Open Banking Standards: CFPB Approves FDX Initiative
The Future of Financial Data Sharing and Consumer EmpowermentHighlights:CFPB grants approval to FDX to establish open banking standards.
New standards aim to enhance...
Banking
CFPB orders Apple and Goldman Sachs to pay combined $89m over “Apple Card failures”
Penalties Imposed: The Consumer Financial Protection Bureau (CFPB) has ordered Apple and Goldman Sachs to pay nearly $90 million in total penalties and...
Banking
Bank of America fined by US regulators over fake accounts and junk fees
The US Consumer Financial Protection Bureau (CFPB) has fined Bank of America $150 million and ordered the bank to compensate affected consumers with over...
Banking
CFPB: Issues new guidance of negative option practices
CFPB: Issues new guidance of negative option practicesCFPB, a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly
...
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