Tag #Consumer Protection

Showing 181 to 192 of 230 results

cbsnews.com
🌐 85% Global Worthiness
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CFPB Sues Major Banks Over $870 Million in Zelle Fraud Losses

The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Bank of America, JPMorgan Chase, and Wells Fargo, alleging they rushed the launch of Zelle, leading to over $870 million in user fraud losses since 2017 due to inadequate security measures.

Progress

48% Bias Score

Reduced Inequality
edition.cnn.com
🌐 85% Global Worthiness
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FTC Bans Hidden Junk Fees in Hotel, Ticket, and Rental Pricing

The FTC implemented a rule requiring hotels, ticketing, and short-term rental companies to display total prices including all fees upfront, saving consumers an estimated \$11 billion over 10 years and 53 million hours annually, effective 120 days after announcement.

Progress

44% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
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Pensioner's Electricity Bill Inflated by 925% Due to Meter Reading Error

A 71-year-old County Londonderry pensioner's electricity bill showed a 925% increase and £1,003 in arrears due to an incorrect meter reading submitted by NIE Networks in August 2024; SSE Airtricity will issue a corrected bill.

Progress

40% Bias Score

Affordable and Clean Energy
nbcnews.com
🌐 85% Global Worthiness
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Grubhub to Pay $25 Million for Misleading Customers and Drivers

Grubhub will pay $25 million to settle FTC and Illinois Attorney General charges of misleading customers about delivery costs and drivers about earnings, falsely advertising restaurants, and employing deceptive pricing tactics; the company denies the allegations but will make operational changes.

Progress

48% Bias Score

Reduced Inequality
immobilier.lefigaro.fr
🌐 75% Global Worthiness
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Parisian Rental Scam Highlights Booking.com Vulnerability

A 23-year-old Parisian job seeker, Judith C., was nearly scammed out of \u20ac1,650 by a fraudulent rental listing that appeared legitimate due to the use of Booking.com; however, Booking.com confirmed that the listing was not theirs.

Progress

44% Bias Score

Reduced Inequality
liberation.fr
🌐 65% Global Worthiness
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France Destroys 225,000 Non-Compliant Toys in 2023

French authorities destroyed over 225,000 unsafe toys in 2023, a rise from 2022, with online marketplaces showing the most significant issues; dangers included small parts and accessible stuffing in toys.

Progress

24% Bias Score

Good Health and Well-being
nbcnews.com
🌐 85% Global Worthiness
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High Retail Credit Card APRs Persist Despite Federal Reserve Rate Cuts

The CFPB reported that 19% of retail credit cards have APRs above 35%, despite Federal Reserve interest rate cuts, due to various factors including a lack of federal interest rate caps and independent margin setting by credit card issuers; the average APR for new cards offered by the top 100 retaile...

Progress

40% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
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Rogue Builder Jailed for £1.6m Home Improvement Fraud

A West Midlands rogue builder, Adam Jones, was jailed for three years and nine months for defrauding homeowners of £1.6 million through Advannnced Construction Ltd. between April 2021 and June 2023; he used their payments to fund a lavish lifestyle, leaving victims with incomplete or defective work.

Progress

36% Bias Score

Reduced Inequality
liberation.fr
🌐 75% Global Worthiness
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French Appliance Makers Fined €611 Million for Price-Fixing

French competition authorities fined ten appliance makers and two distributors, Darty and Boulanger, €611 million for a price-fixing cartel between 2007 and 2014, using tactics like restricting online sales and coded price agreements to harm online competition and maintain higher consumer prices.

Progress

40% Bias Score

Reduced Inequality
abcnews.go.com
🌐 75% Global Worthiness
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Grubhub to Pay $25 Million to Settle Deceptive Practices Allegations

Grubhub will pay $25 million to settle allegations of deceptive business practices, including misleading customers about costs, deceiving drivers, and listing restaurants without consent; the company denies wrongdoing but will make platform changes and remove unaffiliated restaurants.

Progress

44% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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Spanish Ministry Sanctions Tourist Apartment Platform for Unlicensed Listings

The Spanish Ministry of Consumer Affairs launched a sanctioning procedure against a tourist apartment platform for failing to remove thousands of unlicensed property listings despite a prior request to do so, potentially facing fines up to \u20ac100,000 or more.

Progress

24% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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CFPB Overdraft Rule Caps Fees, Reshapes Banking

The CFPB's new overdraft rule, effective October 1, 2025, will cap overdraft fees at $5 or require cost-based fees or loan treatment for banks over $10 billion in assets, potentially saving consumers $5 billion annually.

Progress

40% Bias Score

Reduced Inequality

Showing 181 to 192 of 230 results