Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...

The CFPB also sued Comerica Bank for improper oversight of the federal government's Direct Express program, and the Texas bank countersued the agency a month later. And separately, the CFPB entered ...

CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...

before the Senate Banking, Housing and Urban Affairs Committee in the Dirksen Senate Office Building on Capitol Hill on December 15, 2022 in Washington, DC. Chopra delivered the CFPB's semi-annual ...

Comerica has denied the charges and is countersuing the CFPB. The agency also announced four separate rules, including one limiting bank overdraft fees that was immediately challenged by the ...

Huh / AP) Walmart Inc. and one of its financial technology partners allegedly opened expensive bank accounts for delivery ... a million delivery drivers,” CFPB Director Rohit Chopra said in ...

Branch is a financial technology company that offers a deposit account at Evolve Bank & Trust that consumers access through a digital app and debit card, CFPB officials said. Advertisement It's ...

CFPB’s lawsuit alleges that Walmart and Branch opened Branch accounts for Spark drivers, and Walmart then deposited drivers’ pay into said accounts without the drivers’ consent.