Press Releases
DFPI Announces Enforcement Actions Against Student Loan Debt Relief Companies, Secures Consumer Refunds and Penalties
The DFPI announced it has taken enforcement actions against three companies to prevent them from unlawfully charging fees for student loan debt relief services to California consumers before any actual work has been performed.
Court Upholds Daily Transaction Limit for Crypto Kiosks
The DFPI announced today that the Superior Court for Los Angeles County has upheld the Digital Financial Assets Law’s landmark consumer protections for users of crypto asset kiosks, commonly known as “Bitcoin ATMs.”
DFPI Awards $4 Million to Community-Based Organizations for Financial Education and Empowerment Programs
DFPI awards $4 million to community-based organizations for financial education and empowerment programs.
DFPI Revokes Finance Lending License of Synapse Credit LLC
The California Department of Financial Protection and Innovation (DFPI) announced an order revoking the California Financing Law license of Synapse Credit LLC (Synapse Credit).
Silvergate to Pay $63 Million in Combined Penalties Following Coordinated Investigations by DFPI, Federal Partners
The DFPI announced today it has entered into a consent order as part of a combined $63 million penalty against La Jolla-based Silvergate Bank and its holding company.
DFPI Launches Network to Help Californians Navigate Their Student Loans
The statewide Student Loan Empowerment Network (SLE Network) connects California student loan borrowers to community-based organizations for help understanding their student loans, obtaining legal aid, and putting them on a path toward economic mobility.
DFPI Launches Investor Center to Empower Californians to Take Control of Their Financial Futures
The DFPI announced today the launch of its new Investor Center, a website dedicated to promoting financial literacy, investor resources, and collaborative education in partnership with nonprofits, educators, and community-based organizations.
DFPI Reports Expanded Enforcement, Awareness Under CA Consumer Financial Protection Law
The DFPI today released its 2023 report outlining significant increases in investigations, public actions, and consumer outreach efforts under the California Consumer Financial Protection Law (CCFPL).
DFPI Takes Action Against MOHELA to Protect California Student Loan Borrowers
MOHELA will pay penalties for failing to provide timely access to borrower data so the DFPI can reach borrowers whose deadline to qualify for debt relief is April 30.
DFPI Now Accepting Applications for Up to $2 Million in CalMoneySmart Grants
The California Department of Financial Protection and Innovation (DFPI) announced today it is now accepting applications for CalMoneySmart Grant Program.
California DFPI Orders Sigue Corporation to Cease Money Transmission Activity
DFPI announced today that it has entered into a Consent Order with Sigue Corporation to cease all money transmission activity in California and cooperate with consumers seeking refunds.
DFPI Orders Chime Financial to Pay $2.5 Million, Improve Customer Service Standards Due to Unfair Complaint Handling
The California Department of Financial Protection and Innovation (DFPI) announced today that it has entered into a consent order with San Francisco-based Chime Financial, Inc. (Chime).
Press Release Contact
Contact:
dfpi.media@dfpi.ca.gov
Press Release Archives
- Press Releases 2024
- Press Releases 2023
- Press Releases 2022
- Press Releases 2021
- Press Releases 2020
- Press Releases 2019
- Press Releases 2018
- Press Releases 2017
- Press Releases 2016
- Press Releases 2015
- Press Releases 2014
- Press Releases 2013
- Press Releases 2009 - 2013 (Dept of Corporations)
- Press Releases 2001 - 2013 (Dept of Financial Institutions)