junk fees

FTC Holds Off on Enforcing ‘Click to Cancel’ Subscription Rule
FTC Holds Off on Enforcing ‘Click to Cancel’ Subscription Rule
May 11, 2025  |  Subscriptions

What if canceling a subscription were as easy as signing up for one? That was the thinking behind the Negative Option Rule — more popularly...

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CFPB’s Credit Card Late Fee Cap Tossed by Judge
CFPB’s Credit Card Late Fee Cap Tossed by Judge
April 15, 2025  |  Credit Cards

A federal judge has thrown out the Consumer Financial Protection Bureau’s (CFPB) late fee cap. The ruling by U.S. District Judge Mark Pittman came after...

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Resolution to Repeal Overdraft Fee Rule Passes Senate, Awaits House Vote
Resolution to Repeal Overdraft Fee Rule Passes Senate, Awaits House Vote
March 27, 2025  |  Regulation

The U.S. Senate voted Thursday (March 27) to repeal the Consumer Financial Protection Bureau’s final rule capping overdraft fees. By a 52-48 vote, the Senate...

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Visa and Mastercard Accused of Card Monopoly by UK Watchdog
Visa and Mastercard Accused of Card Monopoly by UK Watchdog
March 06, 2025  |  ANTITRUST

Visa and Mastercard face regulatory action in the United Kingdom following a payments watchdog’s investigation. The Payment Systems Regulator (PSR) is considering “remedies” for the...

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UK Court Approves Settlement in Class Action Targeting Mastercard
UK Court Approves Settlement in Class Action Targeting Mastercard
February 21, 2025  |  Legal

A London court approved a settlement in a class action lawsuit brought against Mastercard over its swipe fees. By approving the deal, the Competition Appeal...

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What to Watch for as CFPB Stops Rulemaking in Its Tracks
What to Watch for as CFPB Stops Rulemaking in Its Tracks
February 07, 2025  |  CFPB

To say it’s been an eventful week for the Consumer Financial Protection Bureau might be an understatement. Last weekend, President Donald Trump fired CFPB Director...

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With Illinois Interchange Ban Under Injunction, Banks and Merchants Await Next Move
With Illinois Interchange Ban Under Injunction, Banks and Merchants Await Next Move
January 29, 2025  |  Credit Cards

A battle in Illinois over interchange fees could influence other states to decide whether these fees should be reshaped or banned. Banks charge each other...

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Report: FTC to Sue Property Management Firm Greystar, Alleging Hidden Fees
Report: FTC to Sue Property Management Firm Greystar, Alleging Hidden Fees
January 13, 2025  |  Regulation

The Federal Trade Commission (FTC) is reportedly preparing to sue real estate development and property management firm Greystar Real Estate Partners, alleging that the company...

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Financial Services Regulation in 2025: More of the Same or Radical Shift?
Financial Services Regulation in 2025: More of the Same or Radical Shift?
December 24, 2024  |  Regulation

This year was marked by a steady drumbeat of regulations and rules — and requests from regulators for information and comments from financial services players...

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