Tags: Wise

CFPB Hits Fintech Giant Wise with Fines Over Deceptive Fee Practices

supportFeb 1, 2025

The Consumer Financial Protection Bureau (CFPB) has fined U.K.-based remittance service Wise nearly $2 million for misleading advertising and inadequate customer transparency regarding fees and…

CFPB Targets Digital Payment Privacy: Strengthening Consumer Protections in the Digital Age

Policy and Regulation

CFPB Demands Wise to Pay Over $2 Million: Key Insights on the Enforcement Action

supportJan 31, 2025

Wise, a London-based financial technology company, faces scrutiny from the Consumer Financial Protection Bureau (CFPB) for allegedly misleading customers about fees and failing to disclose…

Policy and Regulation

CFPB Imposes $2.5 Million Fine on Wise: What You Need to Know

supportJan 30, 2025

Wise, a London-based financial technology company, faces scrutiny from the Consumer Financial Protection Bureau (CFPB) for misleading advertising practices related to fees and exchange rates…