fees

CFPB On Alert for ‘New Sketchy Fee Tactics’ From Companies
CFPB On Alert for ‘New Sketchy Fee Tactics’ From Companies
December 19, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is monitoring the consumer financial marketplace to spot companies’ attempts to charge junk fees in new ways after the regulator...

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FTC Finalizes ‘Bait and Switch’ Rule for Event Ticketing and Lodging Sectors
FTC Finalizes ‘Bait and Switch’ Rule for Event Ticketing and Lodging Sectors
December 17, 2024  |  Regulation

The FTC has unveiled a rule blocking “bait-and-switch” pricing for hotels and concert tickets. Such tactics, the Federal Trade Commission (FTC) said Tuesday (Dec. 17) are used...

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Amazon Has No Plans to Hike Fulfillment and Referral Fees in 2025
Amazon Has No Plans to Hike Fulfillment and Referral Fees in 2025
November 19, 2024  |  Amazon

Amazon says it doesn’t intend to raise its merchant fulfillment and referral fees next year. In a message to its sellers published Tuesday (Nov. 19),...

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CFPB Report Shows Kroger, Dollar Tree and Others Charging Fees for Cash-Back Transactions
CFPB Report Shows Kroger, Dollar Tree and Others Charging Fees for Cash-Back Transactions
August 27, 2024  |  Consumer Finance

A new report released Tuesday (Aug. 27) from the U.S. Consumer Financial Protection Bureau (CFPB) sheds light on a growing trend: Major retailers are now...

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Federal Reserve Fines Green Dot $44 Million, Alleging Unfair Practices
Federal Reserve Fines Green Dot $44 Million, Alleging Unfair Practices
July 19, 2024  |  Legal

The Federal Reserve Board said Friday (July 19) that it fined Green Dot $44 million for unfair and deceptive practices and a deficient consumer compliance risk management...

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Neobanks See An Opportunity As Banks Move Away From Free Services
Neobanks See An Opportunity As Banks Move Away From Free Services
July 05, 2024  |  Banking

The arguably natural consequences of fee caps and limits on debit interchange — and the uncertainty of the regulatory climate — are now showing up...

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FTC Lawsuits Resulted in $324 Million in Refunds in 2023
FTC Lawsuits Resulted in $324 Million in Refunds in 2023
June 21, 2024  |  Disbursements

Federal Trade Commission (FTC) lawsuits resulted in over $324 million in refunds to consumers in 2023. That total includes money returned to consumers as a...

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Report: Huawei May Exempt WeChat From In-App Transaction Fees
Report: Huawei May Exempt WeChat From In-App Transaction Fees
June 19, 2024  |  Mobile Applications

Huawei is reportedly ready to let WeChat operate on Huawei’s mobile platform without sharing revenue. The deal, Bloomberg News reported Wednesday (June 19), would be...

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CFPB Late Fee Lawsuit Moved Back to DC Court
CFPB Late Fee Lawsuit Moved Back to DC Court
May 29, 2024  |  Legal

This round of jurisdictional ping pong goes to the CFPB. A federal judge in Texas has bounced a lawsuit challenging the consumer protection agency’s credit...

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