NetChoice and TechNet said Congress did not give the CFPB free rein to aggressively, arbitrarily and capriciously police large non-banks offering consumer financial services through such products as ...

32.1% of Warren Buffett's $295 Billion Portfolio Is Invested in 4 Artificial Intelligence (AI) Stocks If I Could Buy Only 1 Stock to Bet on the AI Boom in 2025, It Would Be This One Does ‘one ...

The CFPB said that Block used a range of tactics to stop customers from seeking help, forcing them — and their banks — to bear financial losses. For years, Block failed to provide any live customer ...

Rate had its best year ever for non-qualified mortgage originations in 2024, with a new product leading the way, contributing just shy of half of the volume. Non-QM securitizations industry-wide rose ...

The Consumer Financial Protection Bureau (CFPB) announced today that's it's ordering Block, the creator of Cash App and parent company of Square, to pay up to $120 million in "refunds and other ...

The CFPB alleged that Block's (NYSE:SQ) Cash App had closed cases of reported fraud without opening a legally required investigation. Block allegedly directed users who incurred financial losses ...

Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...

TOKYO :Japan's Nintendo said on Thursday it will release the Switch 2 console this year, unveiling a device that appeared to closely follow the design of its popular predecessor. The Kyoto-based ...

The CFPB failed to show that digital payment companies subject to the agency’s “larger participant” rule posed a risk to consumers as required under the 2010 Dodd-Frank Act, TechNet and NetChoice LLC ...

As part of an ongoing effort to combat “junk fees” charged by banking institutions, the Consumer Financial Protection Bureau (CFPB) has issued a ruling that could save American consumers up to ...

The CFPB has published a proposed rule that would ban companies from using contract clauses that the bureau said limit fundamental freedom, including those that waive a consumer’s legal rights ...