CFPB Director Rohit Chopra is CAGW's025 Porker of the Month for abusing his power and failing to protect consumers.

Major banks face federal lawsuit over alleged failure to protect consumers from rampant Zelle payment fraud. Learn how this legal battle impacts your digital payment security and what steps you need ...

In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...

The Consumer Financial Protection Bureau closed a consent order, but notes that it continues to monitor Wells Fargo closely.

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

Even a recent CFPB initiative that may be more ambiguous than others – suing big banks for allowing fraud to “fester” on the payments app Zelle – might be a minefield, Crane said.

The CFPB is also ordering Block to fix Cash App’s customer service and its processes for investigating disputed transactions, ...

The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...

Even a recent CFPB initiative that may be more ambiguous than others – suing big banks for allowing fraud to “fester” on the ...

Zelle is owned by seven major banks. The CFPB has sued Early Warning Services, the company that operates Zelle, along with three of its owner banks, Bank of America, JP Morgan Chase and Wells Fargo.

The Consumer Financial Protection Bureau (CFPB) announced today that's it's fining Block, the creator of Cash App and parent ...