CFPB

Lawmakers Oppose CFPB’s Proposed Rule on Supervising Nonbank Financial Firms

Lawmakers Oppose CFPB’s Proposed Rule on Supervising Nonbank Financial Firms
Lawmakers Oppose CFPB’s Proposed Rule on Supervising Nonbank Financial Firms
January 30, 2024  |  CFPB

Three members of Congress have urged the Consumer Financial Protection Bureau (CFPB) to reopen and extend the public comment period on its proposed rule that would allow it to...

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CFPB Proposes Banning NSF Fees on Declined Real-Time Payments
CFPB Proposes Banning NSF Fees on Declined Real-Time Payments
January 24, 2024  |  CFPB

The Consumer Financial Protection Bureau proposed a new rule to prevent banks and other financial institutions from charging non-sufficient funds fees on transactions declined in...

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CFPB Sues Strategic Financial Solutions Over Alleged Fee Collection
CFPB Sues Strategic Financial Solutions Over Alleged Fee Collection
January 19, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) announced Friday (Jan. 19) that it has launched a lawsuit against Strategic Financial Solutions (SFS), charging it with running an...

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CFPB Says Overdraft Fees Are Junk Fees — But Are They?
CFPB Says Overdraft Fees Are Junk Fees — But Are They?
January 17, 2024  |  Bank Regulation

Labels are popular on Capitol Hill. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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CFPB Moves to Close ‘Outdated’ Bank Overdraft Loophole
CFPB Moves to Close ‘Outdated’ Bank Overdraft Loophole
January 17, 2024  |  Bank Regulation

The White House wants to limit the overdraft fees banks can charge customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Big Tech Group Opposes Proposed CFPB Digital Wallet Rules
Big Tech Group Opposes Proposed CFPB Digital Wallet Rules
January 09, 2024  |  Regulation

A tech lobbying group is pushing back against proposed regulations for digital wallet providers. Get the Full Story Complete the form to unlock this article...

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CFPB Says Student Loan Servicers May Be Violating Consumer Protection Laws
CFPB Says Student Loan Servicers May Be Violating Consumer Protection Laws
January 05, 2024  |  CFPB

Borrowers are facing challenges as they resume federal student loan payments after a pause that began during the pandemic. Get the Full Story Complete the...

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Smaller Banks Warn of ‘Significant Impact’ From CFPB’s Proposed Overdraft Fee Regulation
Smaller Banks Warn of ‘Significant Impact’ From CFPB’s Proposed Overdraft Fee Regulation
January 04, 2024  |  Bank Regulation

The calendar has barely turned to a new year — and the Consumer Financial Protection Bureau (CFPB) has already had a fair share of criticism....

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Journey From Screen Scraping to Open Banking More Marathon Than Sprint
Journey From Screen Scraping to Open Banking More Marathon Than Sprint
January 03, 2024  |  Bank Regulation

The movement to open banking here in the states will prove more marathon than sprint — with twists and turns along the way, with the...

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