CFPB

What to Know About Rule 1033 as Open Banking Continues to Evolve

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  |  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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CFPB Issues Guidance Targeting Banks’ ‘Phantom Opt-In Agreements’
CFPB Issues Guidance Targeting Banks’ ‘Phantom Opt-In Agreements’
September 17, 2024  |  Bank Regulation

The Consumer Financial Protection Bureau (CFPB) aims to stop banks from charging overdraft fees based on what it calls “phantom opt-in agreements” — cases in...

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CFPB Sues Horizon Card Services, Alleging ‘Baiting and Gouging’ Consumers
CFPB Sues Horizon Card Services, Alleging ‘Baiting and Gouging’ Consumers
September 13, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sued Horizon Card Services and its CEO Robert Kane Friday (Sept. 13). Get the Full Story Complete the form...

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CFPB Bars Navient From Federal Student Loan Business
CFPB Bars Navient From Federal Student Loan Business
September 12, 2024  |  Legal & Regulation

Navient is exiting the federal student loan business as a regulator prepares to fine it $120 million. Get the Full Story Complete the form to...

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CFPB Orders TD Bank to Pay $28 Million For Misleading Consumer Reporting Agencies
CFPB Orders TD Bank to Pay $28 Million For Misleading Consumer Reporting Agencies
September 11, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) ordered TD Bank to pay about $28 million in redress and penalties, saying the bank provided consumer reporting agencies...

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CFPB Says Debt Collectors Try to Collect on Already-Paid Medical Bills
CFPB Says Debt Collectors Try to Collect on Already-Paid Medical Bills
September 05, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has found that debt collectors are using illegal tactics, and it is taking steps to ensure they follow consumer financial...

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SMBs, AI, and FinTech Partnerships Headline This Week in B2B
SMBs, AI, and FinTech Partnerships Headline This Week in B2B
August 29, 2024  |  B2B Payments

Businesses of all sizes are finding themselves at the crossroads of innovation and tradition. Get the Full Story Complete the form to unlock this article...

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CFPB Seeks Developers’ Comments on Apple’s Rules on Tap-to-Pay Access
CFPB Seeks Developers’ Comments on Apple’s Rules on Tap-to-Pay Access
August 28, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is seeking public comment on Apple’s recently announced rules governing how financial companies and app developers offer tap-to-pay functionality on its...

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