The Consumer Financial Protection Bureau said on Tuesday (March 8) that it has released its latest supervision report, and its review of both banks and nonbanks gave rise to $14.3 million in restitution to about 228,000 customers, due to several areas of violations, including remittances....
U.S. President Barack Obama is taking on a defensive front when it comes to his ongoing efforts to crack down on Wall Street. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The CFPB has officially opened up its online forum for accepting consumer complaints geared at those who have experienced issues from online marketplace lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Though the CFPB has yet to release its proposed rules for payday lenders, the drop is expected any time now and is rather eagerly anticipated. Though the exact contents of the rules are not known, the year or so of speculation on the topic has...
Apple, the beloved creator of such devices as the iPod, the iPad and, of course, the game-changing iPhone, has come under scrutiny lately from, of all places, law enforcement agencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In an effort to stem oversight efforts that would curtail overdraft programs from lenders, the National Association of Federal Credit Unions (NAFCU) has urged that the Consumer Financial Protection Bureau stop its intent to roll back those offerings. Get the Full Story Complete the form...
Whether you believe Donald Trump will win the GOP nomination is a matter of taste, politics and opinion. What is unarguable is that The Donald has won The News Cycle. The initial caps there are not an indication we have fired the copyeditors, but given...
The Consumer Financial Protection Bureau said Wednesday (March 2) that it has taken action against Dwolla, an online payment platform company. The enterprise, said the bureau, deceived consumers about the firm’s data security and the safety of its payment platform. Get the Full Story Complete...
“Who owns the future?” 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 our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing...