Tech groups sue US CFPB to block rule on payment apps, digital wallets
Two technology trade groups sued the U.S. Consumer Financial Protection Bureau on Thursday to block a new rule giving the ...
Cash App parent fined $175 million for 'woefully incomplete' response to fraud
The Consumer Financial Protection Bureauordered Cash App (SQ) operator Block to pay a total of $175 million for failing to ...
US consumer finance watchdog fines payments firm Block over Cash App operations
The Consumer Financial Protection Bureau (CFPB) on Thursday ordered payments firm Block to pay a penalty citing fraud and ...
Amazon opens Cape Town walk-in centre as strives for market-share
U.S. e-commerce giant Amazon.com opened on Thursday a walk-in centre in South Africa that it says will help its independent ...
Capital One sued by CFPB for allegedly cheating customers out of $2 billion
The U.S. Consumer Financial Protection Bureau is suing Capital One, claiming the company cheated customers out of $2 billion ...
You could save $200 per year thanks to the CFPB’s new cap on overdraft fees
The banking industry is less than thrilled, and plans to make up the difference with new fees.
Apple Card's future in question as Goldman Sachs CEO eyes early exit
Goldman Sachs CEO David Solomon signaled the possible early end of the bank's Apple Card partnership due to financial losses ...
Capital One sued by watchdog that says bank cheated customers out of $2 billion
Despite promoting 360 Savings as an account with a high interest rate, the CFPB alleges the bank kept it low for years.
CFPB Orders Cash App Operator to Compensate Consumers Over Fraudulent Payments
CFPB said Block employed weak security protocols for payments platform Cash App and put its users at risk. It added that Block is required by law to investigate and resolve disputes about unauthorized ...
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Trump team eyes hiring freeze, regulatory rollbacks for CFPB
The incoming Trump administration's 'agency review team' has landed and is expected to name an acting director of the ...
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Check Your Account! Major Bank Sued for Fraud — You Could Be Owed Big Money
That's allegedly the case with Capital One Bank, which is being sued for $2 billion for fraud. According to ABC7 New York, ...
CFPB Orders Block to Pay $175 Million Related to Cash App Security >SQ
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