Rohit Chopra’s assault on Zelle will create more openings for crooks.

Zelle is owned by seven major banks. The CFPB has sued Early Warning Services, the company that operates Zelle, along with ...

The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To ...

Congress created the Consumer Financial Protection Bureau in 2010 in the aftermath of the Great Recession. It is a large ...

A federal agency is suing JPMorgan Chase Bank N.A., Wells Fargo Bank N.A. and Bank of America N.A., accusing the banks of failing to protect consumers from fraud on the widely available peer-to-peer ...

A number of firms are supporting stronger financial fraud prevention through networks in the age of deepfakes and generative ...

The CFPB sued Walmart and workforce payments provider Branch Messenger for illegally opening deposit accounts for more than 1 ...

Fed Rate Cuts Won’t End the Sting of High Interest Rates for Subprime Cardholders ...

An Asian American businesswoman is suing PayPal (PYPL), claiming that the company engage din racial bias for restricting part of a $535M ...

The regulator reportedly gave the asset manager a Jan. 10 deadline to agree to stricter oversight when holding a 10% or greater stake in banks, similar to a deal struck last week with Vanguard.

Raymond James analyst John Davis upgraded Block (SQ) to Outperform from Market Perform with a $115 price target The firm says its “deep dive” ...

Grand Valley State University shut the lights off on Michigan Tech — both literally and figuratively. (Jan. 2, 2024) ...