CFPB

Banks Overhaul Overdrafts
Banks Overhaul Overdrafts
October 31, 2014  |  News

The CFPB wants to take a closer look at overdraft fees, stating Monday (Oct, 27) that it tends to view overdraft as a form of...

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CFPB Eyeing Checking Accounts
CFPB Eyeing Checking Accounts
October 29, 2014  |  News

The Consumer Financial Protection Bureau (CFPB) is looking hard at banks’ policies on opening consumer checking accounts, including the third-party databases they use, American Banker...

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CFPB Targets Checking
CFPB Targets Checking
October 09, 2014  |  News

The CFPB is worried about checking, particularly consumers’ access to it.  In remarks recently released by CFPB head Richard Cordray, he affirmed the basic necessity...

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Turns Out That Payday-Loan Customers Are Pretty Savvy Borrowers
Turns Out That Payday-Loan Customers Are Pretty Savvy Borrowers
October 02, 2014  |  Alternative Finances

Conventional wisdom might lead one to conclude that payday lending is a scourge upon the Earth and an institution dedicated wholly to feasting on the...

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Is The CFPB PCI Compliant? It Has 600 Million Cards On File
Is The CFPB PCI Compliant? It Has 600 Million Cards On File
September 23, 2014  |  News

Consumers might need a bit of protection from the Consumer Financial Protection Bureau, as the Government Accountability Office reported Monday (Sept. 22) that not only...

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Apple Pay Accelerates Regulator’s Focus on Mobile Payments
Apple Pay Accelerates Regulator’s Focus on Mobile Payments
September 16, 2014  |  Apple Pay

Apple has been many different types of company over its long tenure.  While its always been a tech player it has also been in a...

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CFPB Slams Promotional Fees
CFPB Slams Promotional Fees
September 04, 2014  |  In Depth

The Consumer Financial Protection Bureau (CFPB) warned credit card companies not to mask hidden charges associated with low promotional interest rates, according to American Banker....

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CFPB Asks Debt Collectors To Pay Up
CFPB Asks Debt Collectors To Pay Up
August 27, 2014  |  News

A large Oklahoma-based payment processor will pay $7 million to settle charges that it helped collect illegal fees charged to consumers by debt-settlement companies, American...

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