CFPB

CFPB
CFPB Puts Early Stop to Monitoring of Apple and US Bank
September 23, 2025

The Consumer Financial Protection Bureau reportedly ended settlements with Apple and U.S. Bank, putting a stop to monitoring that was initially set to last for years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

CFPB
CFPB Rule Limiting Supervision May Open Door for Nonbank Expansion
August 27, 2025

When the Consumer Financial Protection Bureau posts a notice in the Federal Register, the language is usually dense, procedural and, at least for some, easy to overlook. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CFPB
Synapse Faces CFPB Over Fund Reconciliation Gaps
August 22, 2025

The Consumer Financial Protection Bureau’s Thursday (Aug. 21) lawsuit against Synapse Financial Technologies highlights the accurate tracking and reconciliation of consumer funds within the evolving FinTech landscape. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CFPB
CFPB Sues Synapse, Seeking to Compensate Victims From Civil Penalty Fund
August 21, 2025

The Consumer Financial Protection Bureau (CFPB) aims to provide compensation from its Civil Penalty Fund to consumers harmed by the actions of the now-bankrupt banking-as-a-service (BaaS) provider Synapse Financial Technologies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

CFPB
CFPB Presses to Rewrite Open Banking Rule
August 21, 2025

The Consumer Financial Protection Bureau is seeking comments that will inform its implementation of the open banking rule, Rule 1033. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

CFPB
CFPB Can Resume Firing Employees
August 15, 2025

A federal appeals court ruled Friday (Aug. 15) that a lower court lacked the jurisdiction to temporarily block President Donald Trump’s firings of employees at the Consumer Financial Protection Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

CFPB
Banks Challenge Open Banking Deadlines as CFPB Mulls Revisions
August 14, 2025

Even as the Consumer Financial Protection Bureau signals its intent to overhaul its sweeping open banking rule, U.S. banks say they risk spending millions of dollars as soon as next year to comply with a regulation the agency itself has declared unlawful and ripe for...

CFPB
Update: CFPB Opens Comments on Nonbank Regulation
August 11, 2025

The Consumer Financial Protection Bureau (CFPB) has started the ball rolling on a process that would conceivably roll back supervision in key sectors of payments and lending — to the point where only the largest players would fall under the oversight of the agency. Get...

CFPB
CFPB Tells Court It Will Rewrite Rule 1033
July 29, 2025

The Consumer Financial Protection Bureau (CFPB) asked a judge Tuesday (July 29) to stay a lawsuit challenging the open banking rule implemented last year by the Bureau’s previous leadership under the Biden administration. Get the Full Story Complete the form to unlock this article and enjoy...