Wise bankers will recognize that as the Trump administration dismantles much of the supervisory structure built up over past ...

MoneyGram agreed to pay a $250,000 fine to settle a New York state lawsuit over its remittance transfers, two months after ...

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

READ MORE: What's in the 'big, beautiful' Trump tax bill for lenders? Through a law enacted by Congress, the CFPB receives an amount of up to 12% of the Federal Reserve's inflation adjusted profits in ...

Wise reported strong growth over the past year. Payment company Wise aims to establish a primary stock listing in the U.S. amid signs that the American fintech IPO market is perking up. The move would ...

The proposal, outlined in a committee memo, would require the CFPB to seek funding in the regular appropriations process rather than receive it from the Fed.

On May 30, the CFPB and a national pawn store operator filed a joint status report in the U.S. District Court for the Northern District of Texas announcing that they have reached an agreement to ...

In 2022, CFPB ordered Wells Fargo Bank to pay a $1.7 billion fine and more than $2 billion for repeated auto lending, mortgage and account deposit practices that harmed over 16 million customers.

But employees are wary of providing what some are calling “death memos” to Trump-appointed CFPB officials looking to gut the agency, according to people with knowledge of the situation who requested ...

In its Friday filing, the CFPB conceded the rule was unlawful. The rule “unlawfully seeks to regulate open banking by mandating the sharing of data with ‘authorized third parties,’” the ...