consumer financial protection bureau – One America News Network

US regulator looks to put Google under federal supervision, Washington Post says

The U.S. Consumer Financial Protection Bureau has taken steps to put Alphabet’s Google under formal federal supervision.

Bank Of America, Wells Fargo And JPMorgan Investigated On Zelle Customer Funds, Scams

According to a Wall Street Journal piece published on Wednesday, the Consumer Financial Protection Bureau is probing how big U.S. banks have been managing their customers’ money on the peer-to-peer payments network Zelle.

Capital One to buy Discover Financial in $35.3 billion all-stock deal

Capital One plans to acquire Discover Financial Services to create a global payments giant.

Passengers make their way through the terminal as they travel ahead of the Thanksgiving holiday at Washington Dulles International Airport in Dulles, Virginia, U.S., November 22, 2023. REUTERS/Kevin Lamarque/File Photo

US scrutinizing airline frequent flyer programs

The U.S. Transportation Department is scrutinizing the frequent flyer programs of major U.S. airlines for potential deceptive or unfair practices.

NEW YORK - JANUARY 22: A Bank Of America is seen January 22, 2008 in New York City. Bank Of America's fourth-quarter earnings fell 95 percent as its revenue fell 31 percent to $12.67 billion from $18.49 billion last year. (Photo by Stephen Chernin/Getty Images)

Bank of America fined millions for opening fake accounts and charging extra junk fees

Federal regulators found that Bank of America had deceived and harmed customers by double-dipping on fees, withholding credit card rewards and opening fake accounts.