Credit card protection plans are under fire for deceptive marketing practices, and the Consumer Financial Protection Bureau has put all institutions on notice.

American Banker‘s Victoria Finkle and Jeff Horwitz report on the credit card industry’s payment-protection racket and note that the Consumer Financial Protection Bureau is scrutinizing at least one ...

A federal investigation spelled bad news for consumers and Discover alike when it determined the bank had duped people into signing up for payment protection plans and other add-ons they didn't ...

So-called payment protection plans have super-high profit margins for the banks selling them. Reuters reports on a Government Accountability Office study that says the loss ratio on such insurance is ...

“We filed these cases to protect Hawaii consumers and stop illegal and deceptive practices of marketing credit card protection plans,” Louie said.

Global Market Leader in Payment Fraud Prevention Joins Forces With France-Based Sis ID, Where the Combined Entity Will Now Provide Payment Protection in More Markets Around the World SALT LAKE ...

The move follows Eftsure's 2024 expansion into the United States and will see the entity become the world's largest business payment protection platform, enabling organizations to validate more ...