You Searched For "consumer protection financial bureau" and got 20 results
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11 mins read
Big banks promised to protect the planet. Now they're doing an about-face.
Big banks and asset managers are a powerful force in fighting the climate crisis, but many of them …
Catherine Boudreau
3 mins read
Bengal in state of flux, people lost faith in present government: Governor CV Ananda Bose
Governor CV Ananda Bose criticized the West Bengal government following the alleged rape and murder…
PTI
2 mins read
Delinquent debt is piling up. Here's why it's not a reason to worry about the US consumer, according to BofA CEO Brian Moynihan.
More credit card debt and car loans transitioned into late payment status last quarter, per the New…
Jennifer Sor
2 mins read
Stock market today: Stocks soar as investors cheer soft PPI and brace for consumer inflation data
Stocks surged as investors were encouraged by cooler producer inflation. The Dow rose 400 points an…
Filip De Mott
2 mins read
Student-loan borrowers are getting $100 million in payments after being 'cheated' out of lower bills by a major lender, a federal consumer watchdog says
Student-loan company Navient is barred from servicing federal loans in a settlement it reached with…
Ayelet Sheffey
3 mins read
Rise seen in financial inclusion index, jobs in the country, notes RBI
Improvement in FI-Index is mainly contributed by usage dimension, which further reflect deepening o…
3 mins read
Wages have outpaced inflation since 2020 but many consumers still feel burdened by prices
On average, wages have outpaced inflation since the pandemic, but even with those gains, plenty of …
John Towfighi
2 mins read
Card skimmers are hard to spot and on the rise. Here's what you can do to protect yourself.
Credit card skimmers are on the rise, costing consumers $1 billion-a-year, police say. Here are som…
Kenneth Niemeyer
3 mins read
Consumers reported losing $210 million to scams across payment apps last year. A new bill wants to help future victims get their money back.
Consumers defrauded while using Zelle or other peer-to-peer payment apps might have increased reimb…
John Towfighi
2 mins read
RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth
In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…
ANI
2 mins read
Bank of America has been fined $225 million for 'botching' unemployment benefit payments during the pandemic
A federal agency said the bank had engaged in "unfair and abusive acts and practices" that cut some…
Grace Dean
2 mins read
Groww receives SEBI approval to launch Nifty non-cyclical consumer index fund
Financial services company Groww has received approval from the Securities Exchange Board of India …
3 mins read
Gen X can add one more financial problem to its list
Gen Xers were already worried about their financial insecurity. Enter Social Security.
Juliana Kaplan,Madison Hoff,Ayelet Sheffey
2 mins read
Student-loan companies put up 'excessive barriers' and gave borrowers inaccurate information about debt relief, a federal consumer watchdog says
A new report from the CFPB found that student-loan companies engaged in "unfair and abusive acts" w…
Ayelet Sheffey
3 mins read
Why lifestyle creep can cause HIFIs to spend 'every cent they make,' according to a financial planner
Many Americans feel financially insecure and spend a fortune to appear wealthy, a financial planner…
Allie Kelly
3 mins read
Gen Zers in a survey said they need $200,000 a year to feel financially secure — more than any other generation
Americans under the age of 35 generally make around $60,000. Gen Zers in a survey said more than do…
Juliana Kaplan,Ayelet Sheffey
3 mins read
Why the government is raising an eyebrow at Gen Z's favorite new way to spend: 'Buy now, pay later'
"We've been flooding the market with all this credit and no one's been keeping track of what's been…
Ben Winck
3 mins read
Trump-appointed FDIC chair will resign after battle with Democratic bank regulators
The departure of Jelena McWilliams comes as CFPB head Rohit Chopra said that she sought to block at…
John L. Dorman
1 min read
Affirm falls 16% as CFPB announces inquiry into buy now, pay later services
The Consumer Financial Protection Bureau told five companies to turn over information to assess ris…
Max Adams
3 mins read
Uniform KYC on the horizon! Here’s how the proposed process can ease the burden on customers and institutions
In a recent meeting led by Finance Minister Nirmala Sitharaman, a proposal was submitted for unifor…