CFPB

CFPB
CFPB’s Rule-Making Agenda Hints Summer May Get Heated for Big Tech 
July 04, 2023

The grills are hot.  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 Today. By completing this form, you agree to receive marketing...

CFPB
CFPB Cites ACI Worldwide in $2 Billion ‘Mortgage Fiasco’
June 27, 2023

America’s consumer finance regulator has fined ACI Worldwide for processing more than $2 billion in unauthorized mortgage payments. 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...

CFPB
CFPB’s Chopra Warns of Consumer Credit Delinquency as Total Household Debt Hits $17 Trillion
June 14, 2023

At the latest hearing focused on the Consumer Financial Protection Bureau, things got heated even before Director Rohit Chopra uttered a word. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

CFPB
CFPB Warns Against ‘Poorly Deployed’ Banking Chatbots
June 06, 2023

America’s consumer protection watchdog says it’s monitoring the banking sector’s use of AI-powered chatbots. 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...

CFPB
CFPB Advises Consumers to Move From Payment Apps to Insured Accounts
June 01, 2023

The Consumer Financial Protection Bureau (CFPB) has advised consumers to transfer money stored on payment apps to insured banks and credit unions. 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: Citizens Bank to Pay $9 Million Fine Over Credit Card Billing Errors
May 23, 2023

The Consumer Financial Protection Bureau (CFPB) and Citizens Financial Group have reached a settlement on a CFPB complaint. 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...

CFPB
CFPB Warns Banks Against Reopening Closed Accounts, Charging Fees
May 10, 2023

The CFPB is warning banks against reopening closed customer accounts to drive fees. 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 Today....

CFPB
CFPB Data Breach Exposes Data of 250,000 Consumers and 45 Banks
April 19, 2023

The Consumer Financial Protection Bureau (CFPB) has told lawmakers that it suffered a data breach. 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,...

CFPB
CFPB Advisor Says Many States’ Laws Already Prohibit ‘Junk Fees’
April 13, 2023

Many states can use existing laws to fight “junk fees,” according to a federal regulator. 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,...