CFPB

CFPB to Investigate Credit Card Reward Programs Following Consumer Complaints

CFPB to Investigate Credit Card Reward Programs Following Consumer Complaints
CFPB to Investigate Credit Card Reward Programs Following Consumer Complaints
March 26, 2024  |  Loyalty & Rewards

The Consumer Financial Protection Bureau (CFPB) will reportedly take a closer look at credit card reward programs. Get the Full Story Complete the form to unlock this...

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CFPB Recruiting Technologists, Conducting Research to Monitor Emerging Technologies
CFPB Recruiting Technologists, Conducting Research to Monitor Emerging Technologies
March 26, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is recruiting more technologists and conducting additional research to address the role of transformative technologies in consumer financial markets....

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CFPB Head Puts Those Who Intend to ‘Weaponize’ Open Banking on Notice
CFPB Head Puts Those Who Intend to ‘Weaponize’ Open Banking on Notice
March 19, 2024  |  Banking

The U.S.’s top consumer protection watchdog is on the lookout for financial services industry players hoping to game open banking for their own benefit.  Get...

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Critics Blast CFPB’s ‘One-Size-Fits-All’ Approach to Digital Payments Oversight
Critics Blast CFPB’s ‘One-Size-Fits-All’ Approach to Digital Payments Oversight
March 13, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is overstepping its bounds when it comes to regulating digital payments firms — especially larger players — critics charged...

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US Chamber Sues CFPB to Block Credit Card Late Fee Limits
US Chamber Sues CFPB to Block Credit Card Late Fee Limits
March 07, 2024  |  Legal & Regulation

The U.S. Chamber of Commerce filed a lawsuit against the Consumer Financial Protection Bureau, aiming to stop the agency from implementing its new rule to limit credit card...

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CFPB Draws Fire at Hill Hearing on ‘Politicized’ Financial Regulation
CFPB Draws Fire at Hill Hearing on ‘Politicized’ Financial Regulation
March 07, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) came under fire on Capitol Hill Thursday (March 7) from critics who charged that caps on credit card late...

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Will Credit Access Get Caught in CFPB Late Fee Cap Crossfire?
Will Credit Access Get Caught in CFPB Late Fee Cap Crossfire?
March 07, 2024  |  Credit Cards

The Consumer Financial Protection Bureau finalized a rule this week slashing what it labeled “excessive credit card late fees,” reducing the penalty card issuers can charge from the typical...

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Goldman: CFPB Late Fee Rules Will Hurt Citigroup the Most
Goldman: CFPB Late Fee Rules Will Hurt Citigroup the Most
March 06, 2024  |  CFPB

What will the loss of credit card late fees mean for America’s biggest banks? Get the Full Story Complete the form to unlock this article...

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