The U.S. Consumer Financial Protection Bureau has disclaimed a Biden-era interpretation of federal law that could hold banks responsible for online fraud ... Citibank criticized the case and ...

The Consumer Financial Protection Bureau on Tuesday withdrew a legal brief it had filed in support of New York Attorney General Letitia James in her wire fraud case against Citibank. The brief, filed ...

Citi did not admit to any wrongdoing in its settlement with the CFPB, but it acknowledged in subsequent statements that certain employees went too far in trying to "thwart a well-documented Armenian ...

The benefits of the anti-fraud monitoring services were also misrepresented. As the CFPB notes in a press release, “Citibank claimed the fraud alert service on credit card accounts would alert them of ...

The lawsuit alleges that Citibank ... customers from fraud or reimburse victims as required by law. Judge Paul Oetken of the ...