Category Consumer Financial Protection Bureau

JPMorgan Chase’s Plans for Charging Fintechs for Customer Account Data Raising Concerns With at Least One CFPB Official: Report
One official at a federal consumer protection agency is reportedly raising concerns over JPMorgan Chase’s plan to charge fintech fees for customers...
Jul, 23, 2025
2 min read
by The Daily Hodl

Capital One Sued by US Government, Accused of Cheating Millions Customers out of $2,000,000,000 in Interest
The Consumer Financial Protection Bureau (CFPB) is filing a lawsuit against the ninth-largest bank in the US for allegedly misleading and cheating ...
Jan, 25, 2025
3 min read
by The Daily Hodl

Consumer Financial Protection Bureau Proposes Refund Requirements Following Crypto Hacks: Report
The U.S. Consumer Financial Protection Bureau (CFPB) is reportedly proposing a refund requirement for digital assets following a slew of crypto hac...
Jan, 10, 2025
2 min read
by The Daily Hodl

US Bank Regulator Terminates ‘Legal Loophole’ That’s Draining $5,000,000,000 From Customer Accounts Per Year
A US bank regulator says it’s shutting down a “legal loophole” that’s costing customers $5 billion in overdraft fees per year. The Consumer Financi...
Dec, 12, 2024
2 min read
by The Daily Hodl

Billion-Dollar Bank To Pay $20,000,000 Fine After Hitting Customers With ‘Illegal, Worthless Fees’ and Illegally Triggering Asset Seizures: CFPB
The Consumer Financial Protection Bureau (CFPB) is penalizing a US bank for predatory loan practices and illegal repossession of people’s assets. T...
Jul, 14, 2024
2 min read
by The Daily Hodl