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Tag: Products and services

Apple and Goldman Sachs ordered to pay more than  million for Apple Card failures

Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures

October 23, 2024October 23, 2024 · Banking

Apple CEO Tim Cook introduces the Apple Card during a launch event at the Apple headquarters in Cupertino, California, on March 25, 2019. Noah Berger | AFP |…

Read more Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures
Digital bank Revolut slams Meta over approach to scams, says tech giant should compensate victims

Digital bank Revolut slams Meta over approach to scams, says tech giant should compensate victims

October 3, 2024October 3, 2024 · Banking

Revolut CEO, Nikolay Storonsky (L) and Meta CEO, Mark Zuckerberg. Reuters British financial technology firm Revolut on Thursday criticized Facebook parent company Meta over its approach to tackling…

Read more Digital bank Revolut slams Meta over approach to scams, says tech giant should compensate victims
Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams

Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams

September 27, 2024September 27, 2024 · Banking

JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on…

Read more Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams
CFPB says buy now, pay later firms must comply with U.S. credit card laws

CFPB says buy now, pay later firms must comply with U.S. credit card laws

May 22, 2024May 23, 2024 · Banking

Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The…

Read more CFPB says buy now, pay later firms must comply with U.S. credit card laws
CFPB rule to save Americans  billion a year in late fees faces possible last-minute freeze

CFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze

May 9, 2024May 9, 2024 · Banking

Epoxydude | Fstop | Getty Images A Consumer Financial Protection Bureau regulation that promised to save Americans billions of dollars in late fees on credit cards faces a…

Read more CFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze
What a 8 million settlement on home-sale commissions may mean for you

What a $418 million settlement on home-sale commissions may mean for you

March 20, 2024March 24, 2024 · Real Estate

A landmark class-action lawsuit may change the way Americans buy and sell homes. The National Association of Realtors agreed to a $418 million settlement last week in an…

Read more What a $418 million settlement on home-sale commissions may mean for you
New CFPB rule caps banks’ credit card late fees at

New CFPB rule caps banks’ credit card late fees at $8

March 5, 2024March 10, 2024 · Banking

Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress,” in…

Read more New CFPB rule caps banks’ credit card late fees at $8
36% of homebuyers and sellers don’t know they can negotiate real estate agent fees. Here’s how to do it

36% of homebuyers and sellers don’t know they can negotiate real estate agent fees. Here’s how to do it

February 29, 2024March 3, 2024 · Real Estate

Fuse | Corbis | Getty Images When you buy or sell a home, your real estate agent’s commissions can trim thousands of dollars off the sale price —…

Read more 36% of homebuyers and sellers don’t know they can negotiate real estate agent fees. Here’s how to do it
Gen Z, millennials are less worried about fraud than older generations. But they have a unique risk

Gen Z, millennials are less worried about fraud than older generations. But they have a unique risk

January 24, 2024January 24, 2024 · Banking

Pekic | E+ | Getty Images Younger adults are less worried about financial fraud than are older generations, a recent study found. Only 15% of Gen Z and…

Read more Gen Z, millennials are less worried about fraud than older generations. But they have a unique risk
Paying rent usually won't boost your credit score. Here's what renters need to know to make it count

Paying rent usually won't boost your credit score. Here's what renters need to know to make it count

January 20, 2024January 20, 2024 · Real Estate

Luis Alvarez | Digitalvision | Getty Images While rent payments do not traditionally affect your credit, a growing number of so-called rent-reporting services are trying to change that.…

Read more Paying rent usually won't boost your credit score. Here's what renters need to know to make it count
Morgan Stanley will pay 9 million to settle criminal, SEC block trade probes

Morgan Stanley will pay $249 million to settle criminal, SEC block trade probes

January 12, 2024January 13, 2024 · Banking

Pawan Passi, former equities executive at Morgan Stanley, arrives at court in New York, US, on Friday, Jan. 12, 2024. Alex Kent | Bloomberg | Getty Images Morgan…

Read more Morgan Stanley will pay $249 million to settle criminal, SEC block trade probes
Tesla recalls 120,000 vehicles over potentially faulty doors that could open in a crash

Tesla recalls 120,000 vehicles over potentially faulty doors that could open in a crash

December 22, 2023December 22, 2023 · Business

Tesla is recalling more than 120,000 vehicles over doors that fail to comply with U.S. government regulations. In a letter posted on the National Highway Traffic Safety Administration’s website Thursday,…

Read more Tesla recalls 120,000 vehicles over potentially faulty doors that could open in a crash
Tesla drivers had highest accident rate, BMW drivers most DUIs study finds

Tesla drivers had highest accident rate, BMW drivers most DUIs study finds

December 19, 2023December 19, 2023 · Business

Tesla Model Y, equipped with FSD system. Three front facing cameras under windshield near rear view mirror.  Mark Leong | The Washington Post | Getty Images Tesla drivers…

Read more Tesla drivers had highest accident rate, BMW drivers most DUIs study finds
Toyota, Honda among 2.3 million vehicles recalled in November. How to make sure your car is fit for long-distance travel plans

Toyota, Honda among 2.3 million vehicles recalled in November. How to make sure your car is fit for long-distance travel plans

November 23, 2023November 23, 2023 · Business

Rear view of couple traveling through car. Maskot | Maskot | Getty Images A recall on your vehicle can derail your travel plans, depending on the issue at…

Read more Toyota, Honda among 2.3 million vehicles recalled in November. How to make sure your car is fit for long-distance travel plans
Morgan Stanley fined for putting customer personal data at risk in computer purge: New York AG

Morgan Stanley fined for putting customer personal data at risk in computer purge: New York AG

November 16, 2023November 16, 2023 · Banking

Shannon Stapleton | Reuters Morgan Stanley agreed to pay a fine of $6.5 million to a coalition of six states for compromising the personal data of millions of…

Read more Morgan Stanley fined for putting customer personal data at risk in computer purge: New York AG
GOP Rep. Elise Stefanik files ethics complaint against Trump NY fraud trial judge

GOP Rep. Elise Stefanik files ethics complaint against Trump NY fraud trial judge

November 10, 2023November 10, 2023 · Real Estate

Chair of the House Republican Conference Rep. Elise Stefanik (R-NY) speaks during a news conference after a caucus meeting with House Republicans on Capitol Hill May 10, 2023…

Read more GOP Rep. Elise Stefanik files ethics complaint against Trump NY fraud trial judge
Here are 3 ways to avoid paying more than what you actually owe on your credit cards

Here are 3 ways to avoid paying more than what you actually owe on your credit cards

October 11, 2023October 11, 2023 · Banking

Given record-high interest rates, now is not the time to be taking on more credit card debt. The Federal Reserve is expected to further hike interest rates before…

Read more Here are 3 ways to avoid paying more than what you actually owe on your credit cards
Lawmakers take aim at credit card interest rates, fees as cardholder debt tops  trillion

Lawmakers take aim at credit card interest rates, fees as cardholder debt tops $1 trillion

October 10, 2023October 10, 2023 · Banking

Luis Alvarez | Digitalvision | Getty Images Some lawmakers and regulators are calling for interest rate caps and lower fees on credit cards as debt levels march higher.…

Read more Lawmakers take aim at credit card interest rates, fees as cardholder debt tops $1 trillion
GM’s stock hits three-year low amid UAW strike, potential air bag recall

GM’s stock hits three-year low amid UAW strike, potential air bag recall

October 5, 2023October 5, 2023 · Business

United Auto Workers members strike the General Motors Lansing Delta Assembly Plant on September 29, 2023 in Lansing, Michigan.  Bill Pugliano | Getty Images DETROIT – General Motors’…

Read more GM’s stock hits three-year low amid UAW strike, potential air bag recall
Google engaged in a monopolistic feedback loop to maintain search dominance, DOJ alleges in first day of trial

Google engaged in a monopolistic feedback loop to maintain search dominance, DOJ alleges in first day of trial

September 12, 2023September 12, 2023 · Business

Jonathan Kanter, Assistant Attorney General for the Antitrust Division at the Department of Justice, arrives at federal court on September 12, 2023 in Washington, DC. Kevin Dietsch |…

Read more Google engaged in a monopolistic feedback loop to maintain search dominance, DOJ alleges in first day of trial
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