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Finance
CFPB announces rule limiting bank overdraft fees
Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023. Tom Williams…
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Finance
CFPB sues Comerica Bank, alleging it failed to administer federal benefits program
A Comerica Bank sign on a building in Walnut Creek, California, March 30, 2023. Smith Collection/gado | Archive Photos |…
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Finance
Banks hit credit card users with higher rates in response to regulation that may never arrive
A customer uses a credit card to pay for items January 28, 2022 at a retail shop in New York…
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Finance
CFPB expands oversight of digital payments services including Apple Pay, Cash App, PayPal and Zelle
Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer…
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Finance
Banks are reporting a tenfold surge in digital scams, cybersecurity firm BioCatch says
Leylaynr | E+ | Getty Images U.S. and Canadian banks reported a tenfold surge in digital scams this year as…
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Finance
Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures
Apple CEO Tim Cook introduces the Apple Card during a launch event at the Apple headquarters in Cupertino, California, on…
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Finance
Digital bank Revolut slams Meta over approach to scams, says tech giant should compensate victims
Revolut CEO, Nikolay Storonsky (L) and Meta CEO, Mark Zuckerberg. Reuters British financial technology firm Revolut on Thursday criticized Facebook…
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Finance
Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs…
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