CFPB

CFPB and NY Attorney General Sue Auto Lender Credit Acceptance

CFPB and NY Attorney General Sue Auto Lender Credit Acceptance
CFPB and NY Attorney General Sue Auto Lender Credit Acceptance
January 04, 2023  |  Loans

Subprime auto lender Credit Acceptance Corp. is being accused of “setting borrowers up to fail.” Get the Full Story Complete the form to unlock this...

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CFPB Advises Consumer Reporting Companies to Improve Service
CFPB Advises Consumer Reporting Companies to Improve Service
January 03, 2023  |  CFPB

The CFPB is urging consumer reporting companies to be mindful of users as they implement technology.  Get the Full Story Complete the form to unlock...

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Consumer Financial Protection Bureau: UniTeller Failed to Refund Users
Consumer Financial Protection Bureau: UniTeller Failed to Refund Users
December 22, 2022  |  CFPB

The Consumer Financial Protection Bureau says money transfer service UniTeller failed to provide customer refunds. Get the Full Story Complete the form to unlock this...

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CFPB Levies Record $3.7B Fine on Wells Fargo
CFPB Levies Record $3.7B Fine on Wells Fargo
December 20, 2022  |  Regulation

The CFPB fined Wells Fargo a $3.7 billion fine for its handling of loans and banking programs. Get the Full Story Complete the form to...

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CFPB Proposes Online Registry of Nonbank Financial Lawbreakers 
CFPB Proposes Online Registry of Nonbank Financial Lawbreakers 
December 12, 2022  |  CFPB

A regulator has proposed creating a registry of nonbank financial lawbreakers to detect “repeat offenders.” Get the Full Story Complete the form to unlock this...

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UK Police See $1.5B Crypto Fraud ‘Epidemic’
UK Police See $1.5B Crypto Fraud ‘Epidemic’
November 28, 2022  |  Cryptocurrency

Cryptocurrency fraud rose by 32% in the U.K. over the last year, part of a larger fraud “epidemic” that began during the pandemic as people...

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CFPB: Frauds and Scams Make up 40% of Crypto Complaints
CFPB: Frauds and Scams Make up 40% of Crypto Complaints
November 10, 2022  |  Security & Fraud

They call it “pig butchering.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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CFPB Seeks $1B+ in Fines From Wells Fargo
CFPB Seeks $1B+ in Fines From Wells Fargo
November 06, 2022  |  CFPB

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...

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Sen Warren Urges CFPB to Develop Stronger Rules for P2P Payments
Sen Warren Urges CFPB to Develop Stronger Rules for P2P Payments
October 28, 2022  |  Bank Regulation

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...

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