CFPB announces nationwide crackdown on abusive debt collectors


Through Operation Corrupt Collector, the bureau is coordinating with over 50 other state and federal agencies to target firms for wrongdoing and inform consumers of their rights


Cash-advance pioneer Yellowstone accused of deception by FTC


The company falsely advertises its cash advances as requiring no collateral or personal guarantee, according to a lawsuit filed by the Federal Trade Commission.


Visa, Mastercard draw FTC inquiry over debit card transactions


Visa and Mastercard are once again in the crosshairs of U.S. antitrust regulators over policies that can prohibit merchants from routing card transactions over alternative debit networks.


Senators ask FTC to probe Amazon actions in Capital One breach


The Federal Trade Commission should look into whether Amazon’s failure to secure its services “constitutes an unfair business practice,” which would violate federal law, Sens. Elizabeth Warren and Ron Wyden wrote the agency's chairman.


‘Absolute scam’: Complaints about credit monitoring plans flood CFPB


Regulators have long warned the credit bureaus about deceptive marketing that causes consumers to sign up unwittingly for paid monitoring services. But the practice has persisted, according to complaint data.


FTC misled consumers about Equifax settlement, Warren says


The Massachusetts Democrat is questioning a claim by the agency about the amount of redress available to those affected by the credit bureau's 2017 data breach.


Safeguard data on kids, reap customer retention rewards


Banks have to do a better job of protecting personal information about their customers' children.


Fed's examination of the cloud; lawmakers seek meeting with CapOne, Amazon


A Fed team toured an Amazon facility at about the same time Capital One’s data was hacked; House oversight members want answers from the CEOs of the two companies.


Equifax nears $700 million settlement of probes into data breach


The agreement with authorities including the Federal Trade Commission and state attorneys general — and possibly the Consumer Financial Protection Bureau — may be announced as soon as Monday.


Taxi loan abuses part of a broader pattern in New York


In a state where laws are unusually favorable to high-cost business lenders, taxi drivers are not the only small-business people getting trapped in loans they can't afford to pay back. The question is, what are policymakers going to do about it?