NBC 10 Philadelphia

TD Bank must pay nearly $30 million after sharing ‘inaccurate, negative information' about customers

The Consumer Financial Protection Bureau has ordered TD Bank to pay $7.76 million to tens of thousands of victims of the bank’s illegal actions. In a statement released Wednesday, the CFPB claims for ...
USA Today

No more consumer protection? What the CFPB shutdown means for you.

In the waning months of the Biden administration, the Consumer Financial Protection Bureau, or CFPB, released a flurry of new consumer protection rules, targeting everything from bank overdraft fees ...
Business Day

CBN: Raising financial services standards with consumer education, protection

The Central Bank of Nigeria (CBN) reaffirms its commitment to educating consumers on key issues around financial services ...
USA Today

Bank of America to pay $250M in fines, customer refunds over junk fees, fake accounts

Bank of America has been ordered to pay $250 million in fines and customer compensation for deceptive practices that harmed "hundreds of thousands of consumers," according to the Consumer Financial ...
The New York Times

With the Consumer Agency on Pause, Here’s How to Protect Yourself

Rules on bank and credit card fees, medical debt and payment apps are in limbo. One thing you can do is carefully check your financial statements, one expert says. By Ann Carrns With the government ...

Trump's dismantling of consumer bureau creates headache for small banks

The Trump administration’s efforts to shutter the Consumer Financial Protection Bureau could be putting small community banks ...
Business Wire

Fraud Protection and Resolution Become Critical Components of Customer Experience for Banks and Credit Card Issuers, J.D. Power Finds

TROY, Mich.--(BUSINESS WIRE)--More than one-fourth (29%) of bank customers and 22% of credit card customers have experienced some instance of fraudulent activity on their accounts in the past 12 ...