NerdWallet1d
CFPB Fines Apple, Goldman Sachs Over Apple Card ‘Failures’
Apple and Goldman Sachs have been ordered to pay almost $90 million over handling of disputed charges and other issues ...
Hosted on MSN19h
The CFPB fines Apple millions for Apple Card
The CFPB said mismanagement from both companies affected thousands ... In a statement, an Apple spokesperson said “Apple ...
New CFPB rules aim to boost competition in financial services
The Consumer Financial Protection Bureau (CFPB) on Tuesday unveiled rules intended to increase competition that would require ...
Digital Transactions17h
How the CFPB’s Data Privacy Rule for Open Banking Could Impact Merchants’ Swipe Fees
Swipe fees, on cards are paid by merchants and are typically 2% to 4% of the transaction. In comparison, fees for pay-by-bank ...
This Week In Credit Card News: What Open Banking Rules Could Mean For Consumers
But the first so-called open banking rules in the U.S. aims to change that. New rules finalized by the CFPB on Tuesday will ...
JD Supra1d
CFPB Finalizes Open Banking (Section 1033) Rule
On October 22nd, the Consumer Financial Protection Bureau ("CFPB") issued its final open banking rule, which implements ...
New CFPB rule aims to make switching banks easier by requiring free release of personal data
The Consumer Financial Protection Bureau announced a final rule that will allow consumers to switch banks more easily by ...