Tag: cfpb
CFPB slaps Hello Digit with $2.7m fine due to faulty algorithm...
The Consumer Financial Protection Bureau (CFPB) has fined Hello Digit $2.7m due to a faulty algorithm that wrongfully took money from users’ checking accounts.
CFPB fines Bank of America $100m for “botching” disbursement of state...
The Consumer Financial Protection Bureau (CFPB) has fined Bank of America $100m for allegedly botching the disbursement of state unemployment benefits at the height of the pandemic.
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