The popular peer-to-peer payment platform, Zelle and three of the nation’s largest banks have been sued by the federal government over alleged “widespread fraud” payments through Zelle. The Consumer ...

The Consumer Financial Protection Bureau (CFPB) recently initiated legal action against Rocket Homes Real Estate, LLC, The ...

As previously reported, the Economic Growth, Regulatory Relief, and Consumer Protection Act (Act), enacted in 2018, directs the CFPB to ...

CFPB sued Walmart and Branch Messenger for forcing delivery drivers to use costly deposit accounts to get paid and for ...

The CFPB recently issued a final rule increasing the asset exemption threshold under the Home Mortgage Disclosure Act (HMDA).

The limit on fees that banks and credit unions impose on clients whose account balances are insufficient to cover transactions would save U.S. consumers $5 billion every year, the federal agency said ...

CFPB Calls on Other Enforcement Agencies to Address Bait-and-Switch Credit Card Rewards Practices ...

Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.

Three of the largest U.S. banks rushed the Zelle digital payment system to market "without implementing effective consumer ...

The rule on overdraft fees is ripe for the GOP Congress to overturn.

The CFPB alleges the firms rushed a peer-to-peer payment network to market without adequate consumer protections. © 2024 Fortune Media IP Limited. All Rights ...

Troutman Pepper attorneys highlight legal obligations under the Fair Credit Reporting Act and how companies should continue ...