CFPB fines fintech Wise, alleging it charged deceptive fees
The Consumer Financial Protection Bureau (CFPB) has hit U.K.-based remittance company Wise with about a $2 million fine for ...
CFPB fines Wise $2.5M over remittance violations
In one of the bureau's final actions under former Director Rohit Chopra's leadership, the CFPB said Wise misled customers in the U.S. about fees and failed to make other required disclosures.
Compliance Week3d
CFPB issues $2.5M penalty against Wise in last action of Chopra era
A fine by the Consumer Financial Protection Bureau (CFPB) against the U.S arm of London-based foreign exchange company Wise ...
ConsumerAffairs6d
Wise ordered to pay $2.5 million for misleading customers of its money transfer service
The Consumer Financial Protection Bureau (CFPB) has ordered Wise, a global remittance company, to pay nearly $2.5 million for ...
JD Supra2d
CFPB orders remittance transfer provider to pay almost $2.5 million for alleged illegal activities
On January 30, 2025, the CFPB ordered Wise, an international remittance company, to pay almost $2.5 million in connection with allegations of ...
Fintech Singapore4d
Wise Fined US$2.5M by US Regulators for Misleading Customers
Wise has been fined US$2.5 million by US regulators for misleading customers about fees, exchange rates, and delayed refunds.
HousingWire1d
Mortgage servicers plan for a defanged CFPB
Even in a friendlier regulatory environment, it would be unwise to discard established servicing policies and take on risk, executives said.
Trump fires CFPB director Chopra
President Donald Trump has fired Consumer Financial Protection Bureau director Rohit Chopra. Welcome to Finextra. We use ...
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Trump fires Biden-appointee Rohit Chopra who headed consumer protection
US President Donald Trump has fired Rohit Chopra, who was appointed the head of the Consumer Financial Protection Bureau ...