U.S. consumers are at greater risk of being exploited by tech giants and financial firms after President Donald Trump fired a team of technologists from the Consumer Financial Protection Bureau (CFPB) ...

The Consumer Financial Protection Bureau (CFPB) has hit U.K.-based remittance company Wise with about a $2 million fine for what it described as “a series of illegal actions.” Those actions ...

Yesterday, the Consumer Financial Protection Bureau (CFPB) issued a statement pertaining to an enforcement action against global Fintech Wise. The action arrived with a $2.5 million penalty for ...

The CFPB said Wednesday that New York-based Wise misled customers by advertising inaccurate ATM fees and failed to refund remittance fees when customers sent money that did not arrive on time. Wise, a ...

Twenty-three attorneys general from across the country are warning that President Donald Trump’s efforts to defund and disband the Consumer Financial Protection Bureau (CFPB) would “significantly harm ...

Judge Amy Berman Jackson of the U.S. District Court in Washington also said the agency cannot "delete" or "remove" data held by the CFPB, while also saying the agency cannot transfer money from ...

Three members of the U.S. Senate Committee on Veterans' Affairs urged Office of Management and Budget Director Russell Vought to restart CFPB operations ... and may not be wise to such schemes.

The CFPB then in February 2022 highlighted certain issues where Wise claims it had “inadvertently been operating in ways the Bureau deemed necessary to address.” Wise said that it ...

Since it started to hire technologists in 2022, the CFPB has issued several multi-million dollar payment orders against financial technology companies including Wise, formerly TransferWise ...