The U.S. agency established to protect consumers from harmful financial services industry practices is under seige – the latest...
U.S. Consumer Financial Watchdog Under Siege
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By Issue Area
TD Bank Fined $6.5 Million for 22 Years of Improper Card Fee Rebates
Toronto-Dominion Bank paid a $6.5 million penalty and pledged a $71.7 million reimbursement to customers after Canada’s...
Quebec Proposes Crackdown on Tipping on Tax, Better Grocery Unit Pricing
Quebec targeted restaurant tipping, grocery store price presentation, leasing rules and door-to-door HVAC sales in proposed...
Visa and Mastercard Agree to Cap U.S. Processing Fees
Visa and Mastercard agreed to settle a nearly two-decade anti-trust case brought by merchants, by promising to cap the costs...
Debt Burden Bankrupts Payday Lender
One of Canada’s leading providers of credit to consumers struggling to pay their bills sought bankruptcy protection as a result...
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