CFPB

Prepaid Card Regulations Looming

Prepaid Card Regulations Looming
Prepaid Card Regulations Looming
September 19, 2016  |  Legal & Regulation

Prepaid cards are popular, for sure. They’re used for shopping or just to draw out funds from an ATM machine, and they’re hooked up to payment...

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For CFPB, Win A Battle, Lose The War?
For CFPB, Win A Battle, Lose The War?
September 16, 2016  |  CFPB

The Consumer Financial Protection Bureau will not be able to spend much time savoring its victory against Wells Fargo and the huge $185 million settlement...

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Wells CEO Says He’s Sticking Around
Wells CEO Says He’s Sticking Around
September 14, 2016  |  Banking

In the midst of swirling controversy tied to sham accounts at Wells Fargo, CEO John Stumpf has said he intends to keep his position at...

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Wells Fargo CFO Blames Fake Account Openings On Underperformers
Wells Fargo CFO Blames Fake Account Openings On Underperformers
September 14, 2016  |  Banking

Wells Fargo may be facing the largest fine ever levied by the Consumer Financial Protection Bureau after it was revealed employees opened up thousands of...

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Wells Fargo’s Fraud Issues Don’t Seem To Have Been Present At Other Big Banks
Wells Fargo’s Fraud Issues Don’t Seem To Have Been Present At Other Big Banks
September 13, 2016  |  Legal & Regulation

As the fallout continues from last week’s revelations about Wells Fargo‘s “out-of-the-box” methods for upping consumer enrollment in their various products (which included signing consumers...

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Wells Fargo Offers Regrets, But Doesn’t Admit Misconduct
Wells Fargo Offers Regrets, But Doesn’t Admit Misconduct
September 12, 2016  |  Banking

In the wake of firing more than 5,300 employees and paying $185 million in fines to help settle an investigation into what some have called...

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The Wells Effect
The Wells Effect
September 12, 2016  |  Bank Regulation

Last week, the CFPB came down on Wells Fargo when it exposed its egregious business practices, all in the name of being focused on the...

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Finance Fundamentals For Digital Fledglings
Finance Fundamentals For Digital Fledglings
September 08, 2016  |  CFPB

If startup innovators and finance experts are struggling to keep ahead of the curve in the rapidly evolving digital and physical finance world, educators and...

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