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CFPB, Cash App

Hosted on MSN · 6h

CFPB Orders Cash App's Parent Company To Pay $175M

Cash App's parent company will have to pay $175 million for poorly protecting its users from fraud and financial crimes on the payment platform, officials said. The Consumer Financial Protection Bureau ordered Block to refund up to $120 million to users harmed by fraud,

The Verge on MSN · 1d

CFPB sued for trying to regulate digital payment apps more like banks

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 Washington,

US CFPB fines Cash App-parent Block over insufficient fraud protection

The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak security protocols on its mobile payment service Cash App.

CFPB Fines Equifax $15M Over Consumer Dispute Probes

NBC Washington · 22h

CFPB fines Equifax $15 million for errors on credit reports

The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit bureau failed to properly investigate consumer disputes.

MarketWatch · 1d

CFPB Fines Equifax $15M Over Consumer Dispute Probes -- Update

The Consumer Financial Protection Bureau alleged Friday that Equifax made it difficult for consumers to fully describe their disputes and ignored evidence submitted with those disputes. It also lacked the systems needed to prevent previously deleted errors from being put back on credit reports,

Daily Voice Orange County NY … · 21h

Equifax Fined $15M For Inaccurate Credit Scores, Mishandling Disputes: CFPB

One of the nation’s largest credit reporting agencies has been fined $15 million for issuing inaccurate credit scores and failing to properly investigate consumer disputes, officials said. Equifax will pay the fine into the Consumer Financial Protection Bureau's victims relief fund,

3hon MSN

Trump's second term could mean the downfall of the FDIC, CFPB: Here's what that means for consumers

Here’s what experts say about the possible closure of the Federal Deposit Insurance Corporation or the Consumer Financial ...

20hon MSN

Biden's CFPB Goes Down Swinging In Blitz Of Rules. But How Many Will Survive Trump?

Key Takeaways In the final days of Joe Biden's administration, the CFPB issued a flurry of new rules and regulations, ...

The American Spectator15h

Federal Agency Gone Wild: Why the CFPB Needs Immediate Reform — and a New Chair

With President Joe Biden’s term nearly over, federal agencies should be winding down activities for the year and preparing ...

CFPB Reboots No-Action Letter and Sandbox Policies: A New Approach to Financial Innovation…Not

On January 3, 2025, the Consumer Financial Protection Bureau (CFPB) announced a comprehensive reboot of its No-Action Letter (NAL) and ...

2don MSN

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 ...

3don MSN

Capital One allegedly cheated customers out of $2 billion in interest, CFPB claims

The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.

4hon MSN

America's top consumer watchdog faces uncertain future as some Trump allies call to 'delete' the CFPB

When Elon Musk declared in November that it was time to “delete” the Consumer Financial Protection Bureau, he threw a bright ...

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