The Consumer Finance Protection Bureau (CFPB) has filed lawsuits against several companies offering to forgive student loan debt for allegedly obtaining peoples’ data illegally, charging unlawful fees and engaging in “deceitful conduct,” an announcement said. Get the Full Story Complete the form to unlock this...
In the years ahead, might there be a greater number of smaller financial institutions (FIs) offering remittance services? 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...
Payday lending practices again came under fire Wednesday (Oct. 16) from members of the U.S. Congress, as Kathy Kraninger, director of the Consumer Finance Protection Bureau (CFPB), faced lawmakers during their semi-annual review of the agency. Get the Full Story Complete the form to unlock this...
U.S. Rep. Ayanna Pressley of Massachusetts has introduced new legislation that would require the Consumer Financial Protection Bureau (CFPB) to regulate the debt collection industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Consumer Financial Protection Bureau (CFPB) has announced additions to its senior leadership and executive teams via an emailed press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The Consumer Financial Protection Bureau (CFPB) announced that is reviewing the Federal Reserve‘s overdraft protection rule to find out if it “should be amended or rescinded” to minimize “any significant economic impact” to small businesses (SMBs) and credit unions. The 2009 rule requires that financial...
The Consumer Financial Protection Bureau (CFPB) has announced changes to policies on Civil Investigative Demands (CIDs), which are investigational subpoenas issued by the CFPB. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In a series of statements and interviews, Kathy Kraninger, the new director (as of December of 2018) of the Consumer Financial Protection Bureau, has laid out a number of strategic priorities and processes for the bureau. Get the Full Story Complete the form to unlock...
The Consumer Financial Protection Bureau came under fire from the House Financial Services Committee, which is now controlled by Democrats, during a hearing Thursday (March 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
