Tag #Consumer Protection

Showing 337 to 348 of 404 results

dailymail.co.uk
🌐 85% Global Worthiness
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£28 Billion Motor Finance Mis-selling Compensation Bill Looms

The Court of Appeal's ruling on unlawful commission payments in motor finance deals could cost lenders £28 billion in compensation, impacting firms like Lloyds Banking Group (£4.2 billion) and Close Brothers Group (£460 million), with a December 4th deadline for final responses to complaints.

Progress

36% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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JetBlue Fined \$2 Million for Chronic Flight Delays

The U.S. Department of Transportation fined JetBlue Airways \$2 million for chronically delayed flights on four East Coast routes between June 2022 and November 2023, impacting thousands of passengers and marking the first such penalty against an airline for this issue.

Progress

48% Bias Score

No Poverty
forbes.com
🌐 85% Global Worthiness
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Fintech Failures of 2024 Expose Systemic Risks

The 2024 collapses of fintech companies Synapse and Bench, costing consumers up to $96 million and leaving numerous businesses scrambling, exposed the risks of outdated systems masked by shiny interfaces, emphasizing the need for transparency and accountability in the industry.

Progress

56% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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This is Money's Consumer Champion Recovers £1.44 Million for Readers in 2024

In 2024, This is Money's consumer champion, Helen Crane, recovered £1.44 million for readers, addressing issues with banks, energy firms, insurers, and parking companies, exposing systemic problems and advocating for better consumer protections.

Progress

40% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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EU Mandates Universal Charger for Electronics

The European Union's new directive, effective this Saturday, mandates USB-C charging ports for most electronic devices sold within the EU, aiming to reduce e-waste and consumer costs; by 2026, this will also include laptops.

Progress

44% Bias Score

Responsible Consumption and Production
sueddeutsche.de
🌐 75% Global Worthiness
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German Housing Association Demands District Heating Price Transparency

The Association of North German Housing Companies demands an independent agency to regulate district heating prices due to high back payments and increased advance payments; Mecklenburg-Vorpommern leads Germany in district heating coverage at 38.1% of households in 2023.

Progress

44% Bias Score

Affordable and Clean Energy
elpais.com
🌐 75% Global Worthiness
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Record Corporate Profits in Spain Amidst Consumer Concerns and Regulatory Scrutiny

Spanish corporate profitability hit record highs in Q3 2024 (25.4%), contrasting with public perception; the CNMC faces scrutiny for its slow response to concerns about interest rate transmission to consumers and the bank tax's impact on customer commissions, highlighting the need for stronger marke...

Progress

56% Bias Score

forbes.com
🌐 85% Global Worthiness
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CFPB Needs Overhaul to Combat Rising Financial Fraud

A Cornerstone Advisors study reveals that nearly 100 million Americans consider fraud, scams, and cybersecurity the top banking issue, prompting calls for the CFPB to refocus its efforts on innovation and fraud prevention rather than regulation, as its current approach, such as implementing Section ...

Progress

56% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Warning: Avoid Firms Offering Money for Betting Account Details

Consumers are urged to avoid companies like Moneyful Ltd. offering money in exchange for personal details to open multiple betting accounts, as this practice, while seemingly lucrative, presents significant financial and identity theft risks.

Progress

40% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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CFPB Sues Walmart, Holiday Sales Surge, Record Credit Card Debt

The CFPB is cracking down on unfair credit card practices, suing Walmart and Branch for allegedly forcing drivers into costly accounts, while holiday retail sales surged 3.8%, exceeding expectations; average U.S. credit card debt reached \$1.166 trillion.

Progress

16% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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CFPB Sues Major Banks Over $870 Million in Zelle Scams

The Consumer Financial Protection Bureau (CFPB) sued Bank of America, JP Morgan Chase, and Wells Fargo for failing to protect Zelle users from scams, resulting in over $870 million in consumer losses since 2017; the banks failed to implement sufficient identity verification, share information about ...

Progress

52% Bias Score

Reduced Inequality
abcnews.go.com
🌐 85% Global Worthiness
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AI-Generated Fake Reviews Surge, Threatening Consumer Trust

AI-powered tools are dramatically increasing fake online reviews, impacting consumer trust; a recent report found nearly 14% of 73 million reviews across three sectors were likely fake, with 2.3 million possibly AI-generated.

Progress

36% Bias Score

Responsible Consumption and Production

Showing 337 to 348 of 404 results