Results for tag: "Consumer Financial Protection Bureau"

The Consumer Financial Protection Bureau (CFPB) is a federal agency that works to protect consumers in the financial services market, including the market for bank cards. The CFPB works to ensure that consumers have access to clear and accurate information about the terms and conditions of their bank cards, and that they are treated fairly by card issuers. The CFPB also works to ensure that consumers are protected from deceptive and unfair practices, such as hidden fees and unauthorized charges. The CFPB works with a variety of stakeholders, including banks, credit unions, and other financial institutions, to ensure that consumers are protected. The CFPB also works with state and federal agencies, consumer advocacy groups, and other organizations to ensure that consumers are informed and protected. The market for bank cards is highly competitive, with a variety of companies offering different products and services. Some of the major players in the market include American Express, Bank of America, Capital One, Chase, Citi, Discover, and Wells Fargo. Other companies in the market include Barclaycard, US Bank, and Synchrony Financial. Show Less Read more