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Mobile financial services

Money
National

Wise Faces $2.5M Penalty for Misleading Money Transfer Practices

February 3, 2025February 3, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has fined international remittance provider Wise nearly $2.5 million for misleading advertising, failure to disclose fees accurately, and other violations of …

Wise Faces $2.5M Penalty for Misleading Money Transfer Practices Read More

Consumer Financial Protection Bureau (CFPB)
National

CFPB Tightens Oversight on Digital Payment Giants in Groundbreaking Consumer Protection Rule

November 29, 2024November 29, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has finalized a groundbreaking rule to enhance oversight of the largest nonbank companies facilitating digital payments and wallets. This move addresses the …

CFPB Tightens Oversight on Digital Payment Giants in Groundbreaking Consumer Protection Rule Read More

Trending News

  • AARP Warns Pennsylvania Seniors of Rising Utility Scams Amid Surge in Fraud Reports

  • PennDOT Announces Extensive Road Closures for Repairs Across Chester, Delaware, and Montgomery Counties

  • Philadelphia Zoo’s Summer Ale Festival Returns With Brews, Bites, and Beats

  • Kelly Laubach Appointed Director of Procurement and General Services for Chester County

  • Philadelphia CBP Officers Seize $1.5 Million in Ketamine Shipments

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