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CFPB Announces Action Against Fintech Firm Chime For "Illegally" Delaying Consumer Refunds |...
Crowdfund Insider· 50 minutes agoThe Consumer Financial Protection Bureau (CFPB) took action against Chime Financial for allegedly...
Price Complexity On Transactions Leads Consumers To Pay More
National Mortgage Professional· 39 minutes agoAs part of the junk fee initiative, the Consumer Financial Protection Bureau (CFPB) recently...
'Federal law is not a suggestion' CFPB warns as fintech fined $4.55M
InvestmentNews· 3 hours agoThe agency has issued a stark warning to financial firms.
Chime might owe you money after holding on to your balance refund for too long. Here's what to know
Fast Company Magazine· 20 hours agoThe Consumer Financial Protection Bureau (CFPB) has taken enforcement action against consumer...
Chime Financial and CFPB Reach Settlement on Delayed Balance Refunds
PYMNTS.com· 22 hours agoChime Financial will pay at least $1.3 million in redress to consumers and $3.25 million in...
CFPB Rule 1033 Will Hasten Shift to Open Banking in US
PYMNTS.com· 1 day agoBack in October, the Consumer Financial Protection Bureau (CFPB) made public a new rule about data...
CFPB Study Finds Consumers Pay More When Pricing Is Complex | JD Supra
JD Supra· 1 day agoOn April 30, 2024, the Consumer Financial Protection Bureau (CFPB) published a report on a study investigating the effects of complex pricing structures and increased competition ...
US consumer watchdog fines Chime $3.25 million for delaying refunds
Reuters via Yahoo News· 23 hours agoDigital bank Chime will pay a penalty of $3.25 million to the U.S. Consumer Financial Protection...
CFPB fines Chime $3.25M over account refund delays
Compliance Week· 1 day agoChime agreed to pay at least $1.3 million in redress to harmed consumers in reaching settlement, the CFPB announced in a press release Tuesday. The...
CFPB Flexes Nonbank Supervisory Authority—State AG Targets Should Take Note | JD Supra
JD Supra· 2 days agoBureau recently invoked supervisory authority over a nonbank lender, World Acceptance Corp., one of the largest small-dollar installment lenders in the country. Given the close and ever-increasing ...