In one of the bureau's final actions under former Director Rohit Chopra's leadership, the CFPB said Wise misled customers in the U.S. about fees and failed to make other required disclosures.
A fine by the Consumer Financial Protection Bureau (CFPB) against the U.S arm of London-based foreign exchange company Wise ...
On January 30, 2025, the CFPB ordered Wise, an international remittance company, to pay almost $2.5 million in connection with allegations of ...
Wise has been fined US$2.5 million by US regulators for misleading customers about fees, exchange rates, and delayed refunds.
The Consumer Financial Protection Bureau (CFPB) has hit U.K.-based remittance company Wise with about a $2 million fine for what it described as “a series of illegal actions.” Those actions include ...
Even in a friendlier regulatory environment, it would be unwise to discard established servicing policies and take on risk, executives said.
President Donald Trump has fired Consumer Financial Protection Bureau director Rohit Chopra. Welcome to Finextra. We use ...
US President Donald Trump has fired Rohit Chopra, who was appointed the head of the Consumer Financial Protection Bureau ...
On Friday, the international remittance provider Wise, a firm located in the United Kingdom was ordered by the Consumer Financial ...
Despite the Democratic and media freakout over Trump’s executive orders, this isn’t a crisis. Yet.
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