Fintech Wise Comments on CFPBs Pursuit of Junk Fees Pertaining to Global Transfers: Price Transparency Counts
Yesterday, CI reported on a new circular issued by the US Consumer Financial Protection Bureau (CFPB) warning international transfer firms to stop adding “junk fees” to the transfers and demanding greater transparency in the process. Misinformation in the industry is frequent, and some providers abuse… Read More
Read more in: Featured Headlines, Fintech, Global, Politics, Legal & Regulation | Tagged cfpb, neobank, payments, rina wulfing, transfers, uk, united kingdom, wise