CFPB fines Chime $3.25M over account refund delays The Consumer Financial Protection Bureau ordered Chime Financial to pay $3.25 million in penalties for allegedly delaying consumer refunds past its promised 14-day timeframe. 05/7/2024 - 6:48 am | View Link
Chime dinged by CFPB for delayed customer refunds When Chime discovered the issue, we worked with our vendor to resolve the error and issued refunds to impacted consumers,” a Chime spokesman said, adding that most issues occurred in 2020 and 2021. 05/7/2024 - 6:37 am | View Link
Fifth Circuit denies CFPB petition for panel rehearing in lawsuit challenging CFPB credit card late fee final rule In the lawsuit challenging the CFPB’s final credit card late fee rule (Rule), the Fifth Circuit has denied the CFPB’s petition for a panel rehearing to reconsider the panel’s order vacating the ... 05/7/2024 - 5:18 am | View Link
Bankers say CFPB overdraft rule harms vulnerable consumers most The Consumer Financial Protection Bureau's overdraft proposal would set fees at $14. With fee income under attack from many sides, bankers say they would have to further restrict credit. 05/6/2024 - 1:07 pm | View Link
CFPB Homes in on Mortgage "Junk Fees" Earlier this year, the CFPB indicated its interest in mortgage servicing fees when it, along with the Federal Trade Commission, filed an amicus brief in a case concerning whether payment convenience ... 05/5/2024 - 1:00 pm | View Link
Tribes fought hard for the Ancestral Footprints of the Grand Canyon National Monument—and they’re determined to protect the ancestral land.
Earlier this year, Arizona lawmakers sued the Biden administration over the newly created Baaj Nwaavjo I’tah Kukveni — Ancestral Footprints of the Grand Canyon National Monument — arguing that the establishment of national monuments should be state matters and calling the move a “land grab.” Now, the Hopi, Havasupai, and Navajo Nation, whose ancestral lands overlap with the national monument, have intervened in the case and joined with the federal government to protect the area.
Why use a system restricted only to Apple devices when a reliable cross-platform option exists?
Let’s be honest: There should be a quick, wireless way to send files between all your devices. But even in 2024, it’s still not always obvious how to do it.
After announcing her surprise retirement last month, the basketball star is ready for her next act: helping Adidas secure its place in women’s basketball.
Basketball legend Candace Parker is set to make her mark off the court—as the newly appointed president of Adidas women’s basketball.
Without directly referencing a critical report by a short-seller investor, PowerSchool Holdings Inc. executives addressed some of the key points raised by the short seller, during PowerSchool's quarterly earnings call with investors and analysts on Tuesday.