Tech groups sue US CFPB to block rule on payment apps, digital wallets
Two technology trade groups sued the U.S. Consumer Financial Protection Bureau on Thursday to block a new rule giving the ...
JD Supra36m
CFPB Issues a Roadmap for States Days Before Trump Takes Office
As the Consumer Financial Protection Bureau (CFPB or Bureau) anticipates a shift in its leadership with the incoming administration of ...
JD Supra39m
Borrowers with poor credit ratings make up majority of BNPL borrowers
Borrowers with subprime or deep subprime credit scores make up the majority of Buy Now, Pay Later (BNPL) originations, the CFPB said, in a new ...
Block to Pay $175 Million for Cash App Customer Service Failures
Jack Dorsey’s Block Inc. will pay $175 million for failing to investigate and protect Cash App customers from fraudulent ...
Cash App parent fined $175 million for 'woefully incomplete' response to fraud
The Consumer Financial Protection Bureauordered Cash App (SQ) operator Block to pay a total of $175 million for failing to ...
CFPB Orders Cash App Operator to Compensate Consumers Over Fraudulent Payments
CFPB said Block employed weak security protocols for payments platform Cash App and put its users at risk. It added that Block is required by law to investigate and resolve disputes about unauthorized ...
CFPB Orders Block to Pay $175 Million Related to Cash App Security >SQ
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
Trump will keep TikTok from 'going dark' if deal is on table, adviser says
U.S. President-elect Donald Trump's incoming national security adviser said on Thursday the new administration will keep ...
Taste of Country2h
Check Your Account! Major Bank Sued for Fraud — You Could Be Owed Big Money
That's allegedly the case with Capital One Bank, which is being sued for $2 billion for fraud. According to ABC7 New York, ...
Tech Trade Groups Sue to Block CFPB Rule Targeting Apple, Google
A pair of trade groups representing Meta Platforms Inc., Apple Inc., and Google parent Alphabet Inc. sued to block a Consumer ...
Case Dismissed: A major debt collector sued an Arizona woman over a debt she said she did not owe. She fought back.
Debt collectors sue millions of Americans every year. Typically, the consumer does not respond and the debt collector wins. This Arizona woman fought back.
US consumer finance watchdog fines payments firm Block over Cash App operations
The Consumer Financial Protection Bureau (CFPB) on Thursday ordered payments firm Block to pay a penalty citing fraud and ...