consumer financial protection bureau

Equifax, Consumer Financial Protection Bureau

US consumer bureau fines Equifax $15 million over handling of consumer disputes

The U.S. Consumer Financial Protection Bureau announced on Friday it had fined credit reporting bureau Equifax $15 million for failing to sufficiently investigate consumer disputes of its credit reports.

ConsumerAffairs · 3h

Equifax fined $15 million over its handling of consumer disputes

The Consumer Financial Protection Bureau has imposed a $15 million fine on Equifax, a consumer reporting agency, for failing to adequately investigate cons

MarketWatch · 4h

CFPB Fines Equifax $15M Over Consumer Dispute Probes

Without admitting or denying the findings, Equifax has agreed to pay a $15 million civil monetary penalty that will be deposited into the CFPB's victims relief fund. A representative for Equifax didn't immediately respond to a request for comment.

The College Investor on MSN · 1h

Equifax Fined $15M Over Credit Errors And Dispute Handling

Key Points ・The CFPB ordered Equifax to pay $15 million for mishandling consumer disputes and re-inserting previously deleted mistakes. ・Flawed processes led to confusing letters, inaccurate credit scores,

Seeking Alpha on MSN · 2h

Equifax fined $15M by CFPB for inadequate investigations of credit reporting errors

Equifax (NYSE:EFX) has been fined $15M by the Consumer Financial Protection Bureau (CFPB) for conducting inadequate investigations of disputes by the consumer reporting agency’s customers, the regulator said Friday.

Block, Cash App and Consumer Financial Protection Bureau

Reuters · 1d

US CFPB fines Cash App-parent Block over insufficient fraud protection

The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak security protocols on its mobile payment service Cash App.

Channel NewsAsia Singapore · 16h

US consumer finance watchdog orders payments firm Block to pay $175 million

The Consumer Financial Protection Bureau (CFPB) on Thursday ordered payments firm Block to pay a penalty tied to the operations of its peer-to-peer payments network CashApp. The order includes a redress to consumers of up to $120 million and a penalty of $55 million into the CFPB’s victims relief fund.

Newsable Asianet News on MSN · 1d

Consumer Finance Watchdog Asks Block To Pay $175M Over Cash App Deficiencies: Retail Remains Unfazed

The Consumer Financial Protection Bureau (CFPB) has ordered Block Inc., the operator of peer-to-peer payments app Cash App, to pay $175 million in refunds, compensation, and penalties for certain deficiencies.

JD Supra14m

CFPB's Proposed Rule Targets Consumer Financial Contracts

The Consumer Financial Protection Bureau (CFPB) issued a proposed rule under Regulation AA to address the use of restrictive and coercive clauses ...

Hosted on MSN11h

US consumer finance watchdog faces lawsuit for classifying digital wallets as banks

Technology trade groups TechNet and NetChoice filed a lawsuit on Jan. 16 to challenge the CFPB's regulatory approach.

NerdWallet3d

What Is the Consumer Financial Protection Bureau?

The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, ...

JD Supra4d

Consumer Financial Protection Bureau Pursues Action to Stop Kickback to Brokerages for Steering Consumers to Rocket Mortgage

The Consumer Financial Protection Bureau (“CFPB”) filed an action on December 23, 2024, against Rocket Home Real Estate LLC (“Rocket Homes”), a ...

The National Law Review2d

What the Future May Hold for the Consumer Financial Protection Bureau's Open Banking Rule

Will the Consumer Financial Protection Bureau’s (CFPB) recently promulgated open banking rule survive under the new Congress ...

Consumer watchdog sues Capital One for allegedly 'cheating' customers out of interest payments

Capital One is defending itself from the CFPB's claims that it cheated customers out of billions of dollars in interest ...

No magic ‘wand’ for the GOP in scrapping consumer rules

A flurry of recent actions by the Consumer Financial Protection Bureau has left Republicans seething about “midnight ...

JD Supra1d

CFPB Releases Report Highlighting Consumer Use of Buy Now, Pay Later Products

On January 13, the Consumer Financial Protection Bureau (CFPB or Bureau) released a report providing its analysis of the growth and impact of Buy ...

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Equifax, Consumer Financial Protection Bureau

Block, Cash App and Consumer Financial Protection Bureau

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