News

Because of the Consumer Financial Protection Bureau's onerous regulation governing prepaid products, Americans who rely on ...
President Trump has signed a resolution nullifying the rule implementing the CFPB’s power to supervise large nonbank financial services providers ...
Digital payments company Block acknowledged that its signature digital wallet, Cash App, didn’t bring in the profits it expected for the first quarter. “We saw a pronounced shift in customer ...
Block shares were on track for their second-worst day Friday, plunging more than 20% as investors digested a brutal quarterly report and a wave of analyst downgrades centered on one issue: Cash App.
The Consumer Financial Protection Bureau (CFPB) is withdrawing a Biden-era proposal that sought to rein in the sale of Americans’ personal information by data brokers. In a federal ...
Some states may also do more to regulate state-chartered banks and credit unions, most of which were too small to fall under the CFPB’s oversight. Oversight on digital payment apps could ...