CFPB Orders Wise to Pay $2.5 Million for Illegal Remittance Practices
The CFPB ordered the international remittance company Wise to pay nearly $2.5 million for a series of illegal actions.
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CFPB Finalizes Rule on Federal Oversight of Popular Digital Payment Apps to Protect Personal Data, Reduce Fraud, and Stop Illegal “Debanking”
The CFPB today finalized a rule to supervise the largest nonbank companies offering digital funds transfer and payment wallet apps.
CFPB Demanda a la Compañía Afiliada a Rent-a-Center Acima y a su Fundador Aaron Allred por Usar Prácticas Crediticias Ilegales
La CFPB demanda a un grupo de compañías, conocido como Acima por efectuar actividades ilegales relacionadas con tantos como, cinco millones de contratos financieros con consumidores.
CFPB Sues Rent-a-Center Affiliate Acima and Acima’s Founder Aaron Allred for Illegal Lending Practices
The CFPB sued a group of companies known as Acima for illegal lending activities in connection with as many as five million consumer financing agreements.
CFPB Proposes New Federal Oversight of Big Tech Companies and Other Providers of Digital Wallets and Payment Apps
The Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer services like digital wallets and payment apps.
CFPB propone normativa para supervisar al Big Tech
CFPB propone supervisar a las grandes compañías no bancarias que ofrezcan servicios como billeteras digitales y aplicaciones de pago.
CFPB Report Highlights Role of Big Tech Firms in Mobile Payments
The CFPB published a new issue spotlight highlighting the impacts of Big Tech companies’ policies and practices that govern tap-to-pay on mobile devices like smartphones and watches.
Prepared Remarks of CFPB Director Rohit Chopra at the Federal Reserve Bank of Philadelphia’s Annual Fintech Conference
Like transportation, telecommunications, and energy, banking and payments are critical infrastructure of the economy that impacts all of us.
CFPB Outlines Guiding Principles for Faster Payment Networks
CFPB Wants to Ensure Consumer Protections Are Built Into New Payment Systems From Outset Today the Bureau outlined guiding principles for protecting...
Prepared Remarks of CFPB Director Richard Cordray at the Mobile Request for Information Field Hearing
We are glad to be in New Orleans today, a vibrant city of many different proud cultures. As it has been said, this city is "like a big musical gumbo." I am...
CFPB Launches Inquiry Into Mobile Financial Services
Today, the Bureau announced it is launching an inquiry into the opportunities and challenges associated with the use of mobile financial services. As part...