New York’s ban on retailers charging a surcharge for credit card purchases was ruled unconstitutional Oct. 3 by a federal court judge.
A petition and complaint from a Pennsylvania credit union member has helped launch increased regulatory interest in re-loadable prepaid cards that are being used to pay employees.
New York AG investigating practice, consultant says, and group of 16 Senate Dems write CFPB seeking federal probe.
Wells Fargo, Bank of America, Citigroup among those accused of notification failures, sending inaccurate information.
Complaint includes accusations that homeowners could lose homes because loan mods sat unprocessed on big bank desks.