The Consumer Financial Protection Bureau (CFPB) has begun an investigation into credit card interest rates. The agency is encouraging consumers to submit their thoughts on their rates, terms ...
The Hashgraph Association has partnered with Taurus to facilitate secure custody, staking, and tokenization of HBAR and other assets. This collaboration aims to enhance accessibility for banks and ...
“Cash App created the conditions for fraud to proliferate on its popular payment platform,” said CFPB Director Rohit Chopra. “When things went wrong, Cash App flouted its responsibilities ...
Two major tech trade groups are challenging the Consumer Financial Protection Bureau’s (CFPB) effort to treat payment apps and digital wallets like banks. In a lawsuit filed in federal court in ...
"When things went wrong, Cash App flouted its responsibilities and even burdened local banks with problems that the company caused," said CFPB Director Rohit Chopra. In response, Block said the ...
Cash App, a popular platform used to transfer money, faces paying out up to $120 million in refunds and other redress to harmed customers, plus $55 million in penalties, relating to its troubling ...
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The CFPB failed to show that digital payment companies subject to the agency’s “larger participant” rule posed a risk to consumers as required under the 2010 Dodd-Frank Act, TechNet and NetChoice LLC ...
The CFPB alleged that Block's (NYSE:SQ) Cash App had closed cases of reported fraud without opening a legally required investigation. Block allegedly directed users who incurred financial losses ...
NetChoice and TechNet said Congress did not give the CFPB free rein to aggressively, arbitrarily and capriciously police large non-banks offering consumer financial services through such products ...
The Consumer Financial Protection Bureau (CFPB) is suing Capital One, alleging the bank illegally misled customers by not notifying them of account options that paid higher interest rates.