RSSCFPB issues rule to oversee nonbanks issuing payment wallets
The Consumer Financial Protection Bureau recently finalized a rule to oversee the largest nonbanks offering payment wallet applications and digital funds transfers.
Category Archives: November 2024 Articles
CFPB: Student loan relief positive for majority of borrowers
Sixty-one percent of borrowers impacted by the federal government pause on student loan payments during the pandemic made positive changes in their lives, according to a Nov. 13 report from the Consumer Financial Protection Bureau.
CFPB fines Navy Federal Credit Union $95 million for overdraft violations
The Consumer Financial Protection Bureau recently fined Navy Federal Credit Union $95 million for charging illegal overdraft fees.
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