2025-05-07
CNBC
5 related
The US CFPB says it will stop enforcing a Biden-era rule that treats BNPL firms like credit card lenders; Affirm and other BNPL firms had opposed to the rule
For the third time under President Donald Trump, the Consumer Financial Protection Bureau has pulled back from enforcing a key rule …
2025-03-05
CNBC
11 related
The US CFPB drops its lawsuit against Zelle operator EWS, JPMorgan, Bank of America, and Wells Fargo, after suing them in December 2024 over fraud complaints
The Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against the operator of the Zelle payments network …
2024-12-07
Reuters
11 related
The US CFPB issues an order establishing supervisory authority over Google's payment arm, Google Payment; Google says it's challenging the decision in court
The US watchdog for consumer finance on Friday announced it was ordering federal supervision of Google Payment Corp., the internet giant's …
2024-10-23
Bloomberg
13 related
The US CFPB says Goldman Sachs and Apple will pay $89M following a long-running Apple Card investigation; Goldman must pay $64.8M and Apple must pay $25M
The Consumer Financial Protection Bureau said the action concerned customer service breakdowns and misrepresentations that affected hundreds …
2021-12-23
Reuters
7 related
The US CFPB orders online payday lender LendUp to shutter lending operations after finding it repeatedly lied to and illegally cheated its customers
it has been a long time coming. In other news, anyone looking to buy my shares of LendUp? Rohit Chopra / @chopracfpb : We will be working to provide redress to borrowers cheated by @LendUpCredit throu...
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