U.S. Regulators Want to Treat Apple, PayPal Like Banks
The Consumer Finance Protection Bureau (CFPB) proposed to hold big tech accountable to the same regulations that banks are, in a filing Tuesday. If Apple and PayPal offer financial services…
Bank of America Fined $150 Million for Overusing Overdraft Fees and Opening Fake Accounts
Bank of America was ordered to pay $150 million in fines for double-charging customers, withholding promised reward bonuses for credit card holders, and opening thousands of bank accounts under customers’…