The Consumer Financial Protection Bureau (CFPB) wants Wells Fargo to pay more than $1 billion for alleged mistreatment of customers, a settlement that would surpass the agency’s record … last set by Wells Fargo. Get the Full Story Complete the form to unlock this article...
In the latest move to crack down on unlabeled advertisements on social media, the U.K.’s Competition and Markets Authority (CMA) on Thursday (Nov. 3) published new guidelines for platforms, brands and influencers to follow as part of efforts to help users spot a paid-for endorsement...
The Federal Trade Commission (FTC) is holding internet phone service provider Vonage accountable for its junk fees levied on subscribers in a $100 million lawsuit settlement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The U.K.’s top financial watchdog is giving banks in that country an ultimatum: treat customers struggling with Britain’s cost-of-living crisis fairly, or be barred from lending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Federal Trade Commission (FTC) is taking action against educational technology provider Chegg, saying the firm experienced four data security breaches since 2017 but allegedly failed to improve its security practices. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Tech industry players are concerned that the Supreme Court could impose new rules that upset the internet economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Three weeks after releasing a report focused on frauds and scams on Zelle, U.S. Sen. Elizabeth Warren has sent a letter to the Consumer Financial Protection Bureau (CFPB) summarizing the findings and encouraging the agency to update and strengthen its regulation of that and other...
Noting the rapidly changing banking landscape, the Office of the Comptroller of the Currency (OCC) has announced it will establish an Office of Financial Technology next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The European Union (EU) reportedly aims to build a team comprised of 40 people to enforce the Digital Markets Act (DMA) rules aimed at Google, Meta, Amazon, Apple, Microsoft at other Big Tech firms. Get the Full Story Complete the form to unlock this article...
