The Consumer Fraud Promotion Bureau
Rohit Chopra’s assault on Zelle will create more openings for crooks.
This Week In Credit Card News: Defaults At Highest Level In 14 Years
Fed Rate Cuts Won’t End the Sting of High Interest Rates for Subprime Cardholders ...
Trump Should Remake The CFPB Into The Consumer Fraud Protection Bureau
The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To ...
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Walmart Spark Drivers Paid $10 Million in ‘Junk Fees' to Access Payments, US Lawsuit Says
The CFPB sued Walmart and workforce payments provider Branch Messenger for illegally opening deposit accounts for more than 1 ...
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Federal regulator sues BofA, JPMorgan, Wells Fargo over Zelle payment network fraud
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 ...
The Lions beat the 49ers 40-34 in a tuneup for Week 18 division showdown
Jared Goff threw three touchdown passes and the Detroit Lions tuned up for their Week 18 division showdown against Minnesota by beating the San Francisco 49ers 40-34 on ...
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Know Your Customer? Don’t be so sure, says iProov
A number of firms are supporting stronger financial fraud prevention through networks in the age of deepfakes and generative ...
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CFPB sues Zelle operator and 3 banks, alleging poor fraud safeguards
Zelle is owned by seven major banks. The CFPB has sued Early Warning Services, the company that operates Zelle, along with ...
Money & the Law: Perhaps Early Warning Services should come with a warning
Congress created the Consumer Financial Protection Bureau in 2010 in the aftermath of the Great Recession. It is a large ...