New York AG Letitia James sues Zelle, claiming that security lapses led to $1B+ in consumer fraud losses; the US CFPB dropped a similar case in March 2025
What To Know About Alleged $1 Billion Scams Over The App Lisa Hornung / UPI : N.Y. AG Letitia James sues parent company of Zelle for allowing fraud Truman Lewis / ConsumerAffairs.com : Zelle sued by N...
Memo: the US CFPB discontinues its order designating the supervision of Google Payment, saying the Biden-era decision is “an unwarranted use” of its powers
Paige Smith / Bloomberg :
The US CFPB says it will stop enforcing a Biden-era rule that treats BNPL firms like credit card lenders; Affirm and other BNPL firms had opposed to the rule
For the third time under President Donald Trump, the Consumer Financial Protection Bureau has pulled back from enforcing a key rule …
A US judge temporarily halts mass firings at the US CFPB after the agency fired between 1,400 and 1,500 workers, eliminating as much as 90% of its workforce
again! The CFPB has returned over $21 billion to millions of Americans scammed since its founding. Any cuts to the #CFPB are to rip off working families in favor of big banks and the billionaire cla...
Leaked email: the US CFPB plans a 50% reduction in supervisory activities and a shift in focus from fintech companies back to traditional banks
America's top consumer financial watchdog has spelled out its priorities under the Donald Trump era, including a dramatic cut to supervision …
The US CFPB drops its lawsuit against Zelle operator EWS, JPMorgan, Bank of America, and Wells Fargo, after suing them in December 2024 over fraud complaints
The Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against the operator of the Zelle payments network …
The US CFPB issues an order establishing supervisory authority over Google's payment arm, Google Payment; Google says it's challenging the decision in court
The US watchdog for consumer finance on Friday announced it was ordering federal supervision of Google Payment Corp., the internet giant's …
The US CFPB says Goldman Sachs and Apple will pay $89M following a long-running Apple Card investigation; Goldman must pay $64.8M and Apple must pay $25M
The Consumer Financial Protection Bureau said the action concerned customer service breakdowns and misrepresentations that affected hundreds …
The US CFPB orders online payday lender LendUp to shutter lending operations after finding it repeatedly lied to and illegally cheated its customers
it has been a long time coming. In other news, anyone looking to buy my shares of LendUp? Rohit Chopra / @chopracfpb : We will be working to provide redress to borrowers cheated by @LendUpCredit throu...