CFPB

CFPB Targets Double Billing in Medical Debt Collection
CFPB Targets Double Billing in Medical Debt Collection
October 01, 2024  |  Regulation

The Consumer Financial Protection Bureau (CFPB) is targeting illegal practices among medical debt collectors. Get the Full Story Complete the form to unlock this article...

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CFPB’s Chopra: Consumers Need More Disclosure on Nonbank Risks
CFPB’s Chopra: Consumers Need More Disclosure on Nonbank Risks
September 25, 2024  |  Regulation

The Federal Deposit Insurance Corp.’s (FDIC) recent proposal on recordkeeping for bank deposits received from third-party, nonbank companies is a step in the right direction....

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CFPB Publishes First Application From Potential Open Banking Standard-Setter
CFPB Publishes First Application From Potential Open Banking Standard-Setter
September 24, 2024  |  Bank Regulation

The Consumer Financial Protection Bureau (CFPB) is inviting public comments on the first application from an organization seeking recognition as an open banking standard-setter. Get...

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Service Members’ Complaints About Student Loans Rise, CFPB Says
Service Members’ Complaints About Student Loans Rise, CFPB Says
September 24, 2024  |  Loans

Student loans account for a growing number of complaints service members and veterans make about financial products. Get the Full Story Complete the form to...

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Overdraft Revenue Dwindles: Tech Solutions Emerge Amid Regulatory Headwinds
Overdraft Revenue Dwindles: Tech Solutions Emerge Amid Regulatory Headwinds
September 24, 2024  |  Banking

Last year, overdraft fees charged by banks — representing a revenue stream tied to account use — slipped by 24% to $5.8 billion. Get the...

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CFPB Proposal Prompts Customers to Contact Providers Before Regulators With Remittance Questions
CFPB Proposal Prompts Customers to Contact Providers Before Regulators With Remittance Questions
September 20, 2024  |  CFPB

With remittances, when in doubt, check it out. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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CFPB’s FAQs on BNPL Hint at Key Areas of Regulation and Controversy
CFPB’s FAQs on BNPL Hint at Key Areas of Regulation and Controversy
September 20, 2024  |  BNPL

Perhaps the most frequently asked question that will come in the wake of the Consumer Financial Protection Bureau’s (CFPB’s) publication of a “frequently asked questions”...

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CFPB Aims to Apply Privacy Protections to Data Brokers
CFPB Aims to Apply Privacy Protections to Data Brokers
September 19, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) will soon propose a rule that would apply privacy protections to data brokers, CFPB Director Rohit Chopra said Thursday...

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What to Know About Rule 1033 as Open Banking Continues to Evolve
What to Know About Rule 1033 as Open Banking Continues to Evolve
September 17, 2024  |  Digital Banking

Open banking — relatively well-entrenched in Europe, nascent here in the United States — is taking shape largely by directive, through regulations and standards that...

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