CFPB

BNPL Firms Ask for 5 More Months to Prepare for CFPB Rules

BNPL Firms Ask for 5 More Months to Prepare for CFPB Rules
BNPL Firms Ask for 5 More Months to Prepare for CFPB Rules
July 17, 2024  |  BNPL

The end of the month is speeding toward the buy now, pay later (BNPL) industry — and with it, new rules and regulations regarding consumer...

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Will Supreme Court Rulings Keep Federal Regulators in Court?
Will Supreme Court Rulings Keep Federal Regulators in Court?
July 17, 2024  |  Legal & Regulation

When the U.S. Supreme Court overturned its own 40-year-old ruling in the LoperBright Enterprises v. Raimondo case on June 28 — in what has come...

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Trending: Banking Execs Warn House Financial Services Hearing of Regulatory ‘Ambiguity’
Trending: Banking Execs Warn House Financial Services Hearing of Regulatory ‘Ambiguity’
July 12, 2024  |  Bank Regulation

Prudent regulation is needed in helping to define the risks and rewards in emerging partnerships between financial institutions and banks — but current regulatory efforts...

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CFPB Proposes Rule Requiring Mortgage Servicers to Help Struggling Homeowners
CFPB Proposes Rule Requiring Mortgage Servicers to Help Struggling Homeowners
July 10, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) aims to require mortgage servicers to do more to help struggling homeowners before foreclosing. Get the Full Story Complete...

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Fifth Third Bank Fined $20 Million for Improper Auto Lending Practices
Fifth Third Bank Fined $20 Million for Improper Auto Lending Practices
July 09, 2024  |  Legal & Regulation

Fifth Third Bank must pay $20 million to resolve litigation in its auto lending practices. Get the Full Story Complete the form to unlock this...

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Traditional Banks Go Digital as Neobanks Face Regulatory Heat
Traditional Banks Go Digital as Neobanks Face Regulatory Heat
July 09, 2024  |  Banking

As regulators draw a bead on neobanks, traditional financial institutions are acting more like neobanks. Get the Full Story Complete the form to unlock this...

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CFPB’s Spotlight on Medical Payment Products Threatens Chilling Effect on Healthcare Access
CFPB’s Spotlight on Medical Payment Products Threatens Chilling Effect on Healthcare Access
July 03, 2024  |  Healthcare

The Consumer Financial Protection Bureau (CFPB) is sharpening its focus on healthcare payments, and the result may be that at least for some consumers who...

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CFPB Finds Failures in Loan Collection and Medical Credit Cards
CFPB Finds Failures in Loan Collection and Medical Credit Cards
July 02, 2024  |  CFPB

The companies collecting Americans’ student loans, auto loans and medical payments have some work to do. Get the Full Story Complete the form to unlock...

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