A key federal watchdog is being stripped of its power to oversee potential fraud and abuse in online payment platforms just ...

The vote to strip CFPB of this power comes shortly after Elon Musk announced X Money. Two Democrats are asking the Office of ...

CFPB’s court filing in December 2024 alleged that the banks had rushed to capture market share which was “prioritized at the ...

The abundance of payment scams that start on social media sites has led Chase to take bold moves to help customers evade ...

After an eventful couple of days involving artistic plagiarism accusations, it now seems Oceano's Adam Earth has paid off their accuser in an attempt to make it right.

Conflicting directives about resuming legally required work at the Consumer Financial Protection Bureau have federal ...

The Consumer Financial Protection Bureau, the so-called cop on the beat protecting Americans from financial abuse, is ...

It doesn’t mean risks stop occurring just because the bureau decided to take its foot off the gas,” said Adam Rust ... Suing banks for Zelle fraud: In late December, the CFPB sued JPMorgan ...

Elon Musk and DOGE have begun making moves toward dismantling the CFPB. The watchdog agency would be in charge of regulating X, which Musk wants to transform into a payments platform.

The same reports also showed a climb in the adoption of payment apps, with 72% of survey respondents in 2023 saying they had used a service like PayPal (PYPL), Zelle, Venmo or Cash App (XYZ).

In December, it filed a lawsuit against the operator of Zelle and three of the nation ... accomplishments are being contested,” says Adam Rust, director of financial services at the Consumer ...