The Consumer Financial Protection Bureau issued a final rule pursuant to its broader open banking proposal Wednesday that would require standard-setting bodies to include public interest consumer groups and others to receive bureau recognition.
The Consumer Financial Protection Bureau Wednesday ordered Citi to pay a $25.9 million fine Wednesday for intentionally and illegally discriminating against Armenian American credit card applicants.
The Consumer Financial Protection Bureau ordered Citi to pay a $25.9 million fine Wednesday for intentionally and illegally discriminating against Armenian American credit card applicants.
The Consumer Financial Protection Bureau ordered Citi to pay a $25.9 million fine Wednesday for intentionally and illegally discriminating against Armenian American credit card applicants.
The Consumer Financial Protection Bureau said in a policy statement that banks risk violating the prohibition on "unfair acts and practices," by reopening a consumer's deposit account to process transactions after the account has already been closed.