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Watchdog head: Fines may not stop bad behavior by companies
Associated Press via Yahoo News· 2 years agoIn an interview with The Associated Press, Rohit Chopra signaled that the Consumer Financial...
BNPL: CFPB acts to ensure consumers can dispute charges and obtain refunds
Electronic Payments via Yahoo Finance· 1 week agoThe Consumer Financial Protection Bureau (CFPB) has issued an interpretive rule confirming that BNPL...
Consumers hurt by illegal junk fees for bank accounts, loans and mortgages, CFPB report finds
USA TODAY via Yahoo Finance· 1 year agoConsumers have been socked with myriad illegal junk fees in bank deposits, auto loans, mortgages,...
A federal watchdog is suing a tech boot camp, accusing it of loading students up with 'predatory'...
INSIDER via Yahoo News· 10 months agoRohit Chopra, the director of the Consumer Financial Protection Bureau, at Senate committee hearing...
CFPB signals that regulation is coming for BNPL
TechCrunch· 2 years agoIn a shot across the bow to the buy now, pay later (BNPL) industry, the U.S. Consumer Financial Protection Bureau (CFPB) today issued a report suggesting...
US watchdog wants Apple Pay regulated like a bank
AppleInsider via Yahoo Finance· 7 months agoApple Pay on an Apple Watch The US Consumer Financial Protection Bureau has proposed that digital wallets such as Apple Pay should be regulated, and...
Meta, Apple at risk of increased regulation of digital wallets
Bloomberg via Yahoo Finance· 7 months ago(Bloomberg) — Meta Platforms Inc. (META), Apple Inc. (AAPL), Alphabet Inc. (GOOG) and other...
Fintech lender SoLo Funds is being sued by the government over its lending practices
TechCrunch· 2 weeks agoThe Consumer Financial Protection Bureau (CFPB) is suing SoLo Funds, a fintech company that enables...
Federal Agency Cracks Down on Buy Now, Pay Later — What Does It Mean for Shoppers?
Fashionista via Yahoo Finance· 1 week agoPhoto: Edward Berthelot/Getty Images As buy now, pay later (BNPL) services continue to lure in...
US consumer watchdog will apply credit card rules to buy now, pay later companies
Reuters via Yahoo Finance· 1 week ago(Reuters) -The U.S. Consumer Financial Protection Bureau will apply some credit card consumer...