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...
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...
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....
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...
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...
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...
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...
America’s consumer watchdog has cancelled a $95 million fine against the country’s largest credit union. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
The future of the Consumer Financial Protection Bureau’s (CFPB) funding is once again uncertain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
