CFPB fines Chime $3.25M | Bank Automation News

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Chime Financial was fined $3.25 million by the Consumer Financial Protection Bureau today as the digital bank has failed to give timely consumer refunds.  According to Chime’s refund policy, the company is required to issue consumer refunds within 14 days. The CFPB found that Chime has not adhered to this policy, a move that has […]



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