Block has been ordered to pay a combined $255 million by state regulators and the CFPB over AML and fraud failures connected to the Cash App.

The Consumer Financial Protection Bureauordered Cash App (SQ) operator Block to pay a total of $175 million for failing to ...

Robinhood Securities will pay $33.5 million and Robinhood Financial will pay $11.5 million to settle a variety of charges, ...

Major banks face federal lawsuit over alleged failure to protect consumers from rampant Zelle payment fraud. Learn how this ...

The Consumer Financial Protection Bureau (CFPB) has been issuing a spate of new regulations in advance of the inauguration of ...

Capital One promised very high interest rates on millions of savings accounts but the bank didn't deliver, losing customers ...

Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as ...

The CFPB accuses Capital One of freezing interest rates on its "360 Savings" accounts, costing consumers over $2 billion ...

There are a lot of consumers and particularly consumer advocates who think that the CFPB has done a great job. Trump held ...

The Consumer Financial Protection Bureau has been a political punching bag for years, but on the eve of a new Trump ...

Since our last Cabinet News & Views issue on December 19, the Consumer Financial Protection Bureau (“CFPB”) has finalized yet another rule, this ...

The government's consumer watchdog agency has finalized a rule banning medical debt from credit reports in a move that could ...