The Consumer Financial Protection Bureau has started to revive its enforcement efforts now that the US Supreme Court has largely settled questions over its existence, but the pace under Director Rohit Chopra still lags previous administrations. Public enforcement actions mostly ...

The U.S. Federal Trade Commission said last Wednesday it will require Marriott International and its subsidiary Starwood Hotels & Resorts Worldwide to put in place an information security program to settle charges over multiple data breaches from 2014 to 2020 ...

139 comments Consumers' expectations for a missed debt payment hit a four-year high in September, according to new data from the Federal Reserve Bank of New York. Kathrin Ziegler/Digital Vision/Getty Images CNN —  Americans are feeling fairly secure in their jobs, ...

On September 24, 2024, Governor Gavin Newsom signed into law California Senate Bill 1286 (“SB 1286”).  SB 1286 will extend existing consumer debt collection protections in California to small businesses and to the collection activities of business debt.  In particular, ...

On October 10, 2024, Attorney General Merrick Garland announced that TD Bank agreed to pay over $1.8 billion in penalties to resolve the U.S. Department of Justice’s (DOJ) investigation into money laundering and Bank Secrecy Act (BSA) violations. When combined ...

Visa & Mastercard Settlement © Taste of Country It’s always felt a little weird that you have to pay money to access your money from an ATM. Visa & Mastercard, two of the largest digital payment companies in America, have ...

Experian has announced a new partnership with Sardine, the specialist in behavioural biometrics and device intelligence-based fraud prevention. As online attacks and scams become increasingly sophisticated with the use of GenAI deep fakes, mobile emulators, advanced bots, and VPNs, it’s ...

By Richard J. Andreano, Jr. & John L. Culhane, Jr. on October 11, 2024 POSTED IN DEPT. OF JUSTICE, FAIR LENDING, MORTGAGES The Justice Department announced that Citadel Federal Credit Union has agreed to pay more than $6.5 million to ...

NEW YORK, Oct 11 (Reuters) - U.S. consumers remain resilient with solid spending in the third quarter, two of the country's biggest lenders said on Friday, although there are signs higher inflation has stretched some Americans on lower incomes. Strong ...