Consumer advocates raise alarms over 'payday-like loans' in MrBeast's sweepstakes
Some worry the partner MoneyLion, an app that sends cash advances — often for a fee to workers living paycheck to paycheck — ...
Crowdfund Insider4h
CFPB Claims Regarding Zelle Losses May Be Exagerated
Earlier this week, the Consumer Financial Protection Bureau  (CFPB) announced a lawsuit targeting the big banks that launched ...
Crowdfund Insider4h
CFPB Claims Regarding Zelle Losses May Be Exaggerated
Earlier this week, the Consumer Financial Protection Bureau  (CFPB) announced a lawsuit targeting the big banks that launched ...
CFPB Director: Wall Street wants a lap dog, not a watchdog
After The Great Recession, the government set up the Consumer Financial Protection Bureau — an independent bureau to protect ...
The Daily Signal7h
Trump’s Bank Deregulation
Donald Trump wants to unchain the financial sector to flood the economy with lending. Will that boost growth? Or boost inflation?
'I take pride in being debt-free': My husband owes thousands of dollars in student loans and credit-card debt. Will I be on the hook if he dies?
My husband has a parent PLUS Loan debt for his daughter from his first marriage, totaling several thousand dollars. He has also incurred a five-figure credit-card debt in his name only during our ...
Hosted on MSN7h
Consumer Finance Watchdog Sues Zelle, Bank of America, JPMorgan Chase, Wells Fargo
The Consumer Financial Protection Bureau (CFPB) alleged that various factors, including Zelle's relatively 'limited ...
Former Webster bank employee, CT resident pleads guilty to embezzling over $7 million
A former high-ranking Webster bank employee pleaded guilty to stealing more than $7 million in a decade-long embezzlement ...
Zelle payment fraud gets major banks sued by the CFPB
The CFPB is suing the fintech firm Early Warning Services — the bank-owned company that runs Zelle — as well as JPMorgan ...
The White House is cracking down on overdraft fees
The Biden administration has finalized a rule limiting overdraft fees banks can charge, as part of the White House’s campaign ...
KJZZ10h
Arizona fintech company targeted in federal lawsuit over Zelle payment network fraud
Early Warning Services, a fintech company based in Scottsdale, Arizona, that operates Zelle, is named in the lawsuit. EWS is owned by seven U.S. banks, including JPMorgan, Wells Fargo and Bank of ...