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At least one political appointee at the Consumer Financial Protection Bureau is raising concerns about fees JPMorgan Chase & ...
The ultimate price tags on the fees could make a life-or-death difference for fintech companies.
“Financial data belongs to the American people, not the banks,” the letter states, as per CoinDesk. The groups warn that ...
One official at a federal consumer protection agency is reportedly raising concerns over JPMorgan Chase's plan to charge ...
The largest U.S. bank says it will begin charging the firms to access customer financial data. PNC’s CEO applauded the effort ...
Cryptocurrency and financial technology industry groups are calling on President Donald Trump to intervene in the “coordinated attempt” by big banks, led by JPMorgan Chase, to undermine open banking ...
Not only that, last month, the CFPB finalized a rule to generally limit overdraft fees to $5." What Happens Next The future of the CFPB and its initiatives under the Trump administration remains ...
The CFPB's rule, set to go into effect later this year, would have capped overdraft fees to $5 at banks with at least $10 billion in assets. On Friday, the US Senate voted down the rule, which the ...
Key Points ・The Senate voted 52-48 to overturn the CFPB's rule limiting overdraft fees to $5. ・The rule was part of a broader Biden administration push to reduce "junk fees." ・If passed by ...
The Consumer Financial Protection Bureau (CFPB) has hit U.K.-based remittance company Wise with about a $2 million fine for what it described as “a series of illegal actions.”. Those actions ...
The seal of the Consumer Financial Protection Bureau (CFPB) is seen at their headquarters in Washington, D.C., U.S., May 14, 2021. REUTERS/Andrew Kelly/File Photo Purchase Licensing Rights, opens ...