The Consumer Financial Protection Bureau’s unprecedented attempt to rescind a settlement with a Chicago mortgage lender is ...

John Adams The Consumer Financial Protection Bureau amended a January consent order with money transmission fintech Wise last week, reducing the company's penalty to a quarter of what it once was. The ...

The Consumer Financial Protection Bureau (CFPB) today amended its January 30, 2025 consent order with the international remittance company Wise resolving claims including advertising inaccurate ...

However, the CFPB noted that Wise must still set aside approximately $450,000 in a segregated account as redress for affected consumers. Wise can reduce this amount if it has already provided ...

The US unit of London-based Wise will now pay only $45,000 to the CFPB’s civil penalty fund, the agency announced late Thursday—the latest instance of the Trump administration moving to alter or undo ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Wise allows customers to send, receive, and store remittances through ...

However, the CFPB noted that Wise must still set aside approximately $450,000 in a segregated account as redress for affected consumers. A Wise spokesperson confirmed the fintech has voluntarily ...

The Consumer Financial Protection Bureau (CFPB) is withdrawing a Biden-era proposal that sought to rein in the sale of Americans’ personal information by data brokers. In a federal register ...

A federal judge on Friday temporarily blocked the Trump administration’s most recent attempt to dismantle the Consumer Financial Protection Bureau after the agency’s leadership moved to fire ...

The Consumer Financial Protection Bureau (CFPB) on Thursday moved forward with sweeping layoffs at the agency as the Trump administration looks to remake the consumer enforcement agency.

The Consumer Financial Protection Bureau (CFPB) will likely see a reduced role in crypto regulations as other federal agencies like the Securities and Exchange Commission (SEC) and state-level ...

The CFPB is on hiatus, but policy experts are warning fintechs against running wild while the cops are off-duty. The CFPB’s work was first slashed in February, when Office of Management and ...