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The bureau alleged that Comerica was "forcing consumers to close their accounts and request new cards, causing them to incur additional fees instead of meeting its obligation to honor stop payment ...
The Consumer Finance Protection Bureau on Friday dropped its lawsuit against Comerica Bank (NYSE ... government benefits on prepaid debit cards. According to a court filing in the U.S. District ...
That lawsuit came one month after Comerica sued the bureau, asserting the CFPB’s investigation of the bank’s handling of the Direct Express prepaid card program – which began in 2021 – was ...
Reuters on MSN24d
US consumer bureau dismisses case against Comerica Bank, filing saysThe U.S. Consumer Financial Protection Bureau on Friday dismissed its lawsuit against Comerica Bank, after the agency previously accused the lender of systematically mistreating millions of mostly ...
In its original suit, the CFPB claimed that the bank had failed participants ... under a U.S. Treasury contract with Comerica to provide prepaid debit cards to recipients of federal benefits ...
Experian North America chief economist Joseph Mayans and ADP chief economist Nela Richardson have used the terms “recession” ...
Comerica is predominantly a commercial ... Express-related deposits transfer to the new provider. The bank has a separate card business related to state governments, but the deposit balances ...
U.S. Bancorp surpasses Q1 forecasts with strong earnings, driven by net interest income growth. Click here to read an ...
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