CFPB

CFPB Rule 1033 Will Hasten Shift to Open Banking in US

CFPB Rule 1033 Will Hasten Shift to Open Banking in US
CFPB Rule 1033 Will Hasten Shift to Open Banking in US
May 07, 2024  |  Payments Innovation

Back in October, the Consumer Financial Protection Bureau (CFPB) made public a new rule about data and data sharing. And it wasted no time signaling the intent behind it....

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CFPB Alleges Organizations Ignored Student Loan Borrowers’ Payment Relief Requests
CFPB Alleges Organizations Ignored Student Loan Borrowers’ Payment Relief Requests
May 06, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has filed a complaint against the National Collegiate Student Loan Trusts and Pennsylvania Higher Education Assistance Agency (PHEAA), alleging that they ignored student...

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CFPB Says Junk Fees ‘Impede Fair and Competitive Pricing’
CFPB Says Junk Fees ‘Impede Fair and Competitive Pricing’
April 30, 2024  |  News

The more complex a pricing structure, the more likely consumers are to pay more for products like credit cards, bank accounts, mortgages and auto loans....

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CFPB: Medical Bills Plague Lower-Income Americans 
CFPB: Medical Bills Plague Lower-Income Americans 
April 29, 2024  |  CFPB

New government data shows 15 million Americans still have medical bills on their credit reports. Get the Full Story Complete the form to unlock this...

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CFPB Head Says FDIC Should Review More Changes in Bank Control
CFPB Head Says FDIC Should Review More Changes in Bank Control
April 25, 2024  |  Bank Regulation

The Federal Deposit Insurance Corp. (FDIC) should change its rules to ensure that it reviews any “suspicious changes” in bank control, FDIC board member Rohit...

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CFPB Targets Mortgage Servicer ‘Junk Fees’
CFPB Targets Mortgage Servicer ‘Junk Fees’
April 24, 2024  |  CFPB

America’s consumer finance watchdog is targeting “junk fees” in the mortgage industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
April 24, 2024  |  Earnings

Synchrony Financial reported its Q1 earnings Wednesday (April 24), showing broad-based growth throughout its lending and credit platforms, continued momentum in consumer spending and some...

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CFPB Head Wary of Big Credit Card Mergers
CFPB Head Wary of Big Credit Card Mergers
April 24, 2024  |  Credit Cards

America’s leading consumer finance watchdog is skeptical about giant mergers between credit card companies. Get the Full Story Complete the form to unlock this article...

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