The Consumer Financial Protection Bureau has filed suit against Rocket Homes, alleging the real-estate company provides incentives to brokers and agents to steer home buyers to its parent company ...
The CFPB's lawsuit alleges that Walmart and Branch opened Branch accounts for Spark Drivers, and Walmart then deposited drivers' pay into these accounts, without the drivers' consent. "Walmart ...
And drivers paid a combined total of $10 million in “junk fees” to transfer those wages into other bank accounts, CFPB alleges. “Companies cannot force workers into getting paid through ...
Dikan hosts rotating exhibitions and film screenings. The center's current exhibition: "Tewahdo," showcases female photographers Sehin Tewabe and Svenja Krüger's documentation of the life and ...
Earlier this week, the Consumer Financial Protection Bureau (CFPB) announced a lawsuit targeting the big banks that launched Zelle. Zelle was created by big banks in recognition of the rise of ...
Rohit Chopra, the director of the CFPB, joins Ali Velshi to explain why the bureau is so important to the American consumer. “When people come to the CFPB, we require those companies to respond ...
CFPB, the government's consumer financial watchdog agency, alleges customers of the top three banks lost more than $870 million over the seven years that Zelle has been in existence due to the ...
CFPB, the government's consumer financial watchdog agency, alleges customers of the top three banks lost more than $870 million over the seven years that Zelle has been in existence due to the banks' ...
“By their failing to put in place proper safeguards, Zelle became a gold mine for fraudsters, while often leaving victims to fend for themselves,” said CFPB Director Rohit Chopra in a Friday ...
Three of the biggest U.S. banks are being sued by a top financial regulator that says they allowed fraud to run rampant on the payments platform Zelle and failed to put safeguards in place to ...
The Consumer Financial Protection Bureau on Friday sued the operator of payment app Zelle, as well as three major banks, alleging they did not do enough to protect consumers from fraud. The CFPB ...