CFPB Orders Bank of America to Pay $12 Million for Reporting False Mortgage Data

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today ordered Bank of America to pay…

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Walmart-Backed PhonePe Likely To Enter Consumer Lending Space By Jan

PhonePe is currently in the last phases of integrating with five lenders, including both traditional banks…

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US Consumer Financial Protection Bureau proposes new rule to oversee Big Tech digital wallet and payment app providers • NFCW

The US Consumer Financial Protection Bureau (CFPB) is proposing to subject large non-bank companies that offer…

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Fintechs lost their edge in consumer lending in 2023: Fed report

The report from the Federal Reserve Bank of New York said fintechs are important players in…

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CFPB and 11 States Order Prehired to Provide Students More than $30 Million in Relief for Illegal Student Lending Practices

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) and 11 states announced today that Prehired…

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