American Banker10h
CFPB orders Wise to pay $2.5M for illegal remittance practices
Money remittance provider Wise said it "strongly disagrees" with the Consumer Financial Protection Bureau's characterization ...
Wise to Pay $2.5 Million in CFPB Remittance Fee Settlement
Global cross-border payments company Wise Plc agreed to a $2.5 million settlement with the Consumer Financial Protection ...
Wise fined $2.5mn in US for misleading fee advertising
The US Consumer Financial Protection Bureau on Thursday demanded Wise pay a $2mn civil penalty and $450,000 in customer ...
Crowdfund Insider16h
CFPB Penalizes Global Fintech Wise, Ordered to Pay $2.5 Milllion Fine
UK-based Fintech Wise (LON: WISE) has been penalized by the Consumer Financial Protection Bureau (CFPB). Wise has been ...
CFPB orders Wise to pay over $2m
Money transfer platform Wise has been hit with a $2.5 million penalty from the Consumer Financial Protection Bureau (CFPB) ...
CFPB fines Wise $2.5m
Money transfer platform Wise has been hit with a $2.5 million penalty from the Consumer Financial Protection Bureau (CFPB) ...
He Expected Trump to Fire Him, but Rohit Chopra Still Has His Job
Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced out. “I swore an oath to a ...
Financial IT3h
CFPB Orders Wise to Pay $2.5 Million for Illegal Remittance Practices
The Consumer Financial Protection Bureau (CFPB) today ordered the international remittance company Wise to pay nearly $2.5 million for a series of illegal actions, including advertising inaccurate ...
Opinion
American Banker23hOpinion
The CFPB's recent lawsuits cement the case for its dissolution
A trio of high-profile lawsuits issued at the tail end of the Biden administration indicate that the agency cares more about pursuing a political agenda than it does about helping American consumers.