CFPB

Grace Periods, Proactive Approaches Help Consumers With Overdrafts and Account Management

Grace Periods, Proactive Approaches Help Consumers With Overdrafts and Account Management
Grace Periods, Proactive Approaches Help Consumers With Overdrafts and Account Management
September 08, 2023  |  Banking

The data show that 20% of individuals have overdrawn their accounts in the past year as they grapple with the demands of inflation, of timing...

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Apple, Google Come Under Fire for Their Tap-to-Pay Walled Gardens
Apple, Google Come Under Fire for Their Tap-to-Pay Walled Gardens
September 07, 2023  |  Mobile Payments

Contactless payments are now coming into contact with federal consumer protection agencies. Get the Full Story Complete the form to unlock this article and enjoy...

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CFPB Director Rohit Chopra Says FDIC Proposal Is ‘Somewhat Weird’
CFPB Director Rohit Chopra Says FDIC Proposal Is ‘Somewhat Weird’
August 29, 2023  |  Bank Regulation

The Federal Deposit Insurance Corp. (FDIC) should review two aspects of its proposed rule to reduce the risk around large bank failures. Get the Full Story Complete...

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CFPB Reaches $2.7 Billion Settlement With Credit Repair Firms
CFPB Reaches $2.7 Billion Settlement With Credit Repair Firms
August 28, 2023  |  CFPB

America’s biggest credit repair companies could be forced to give up telemarketing. Get the Full Story Complete the form to unlock this article and enjoy...

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CFPB Targets Heights Finance for Alleged Illegal Loan Churning
CFPB Targets Heights Finance for Alleged Illegal Loan Churning
August 22, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Heights Finance Holding, formerly known as Southern Management, and several of its subsidiaries, charging they have engaged...

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CFPB Penalizes Freedom Mortgage for Incentives to Real Estate Brokers
CFPB Penalizes Freedom Mortgage for Incentives to Real Estate Brokers
August 17, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has taken action against Freedom Mortgage Corp. for engaging in illegal activities related to mortgage loan referrals. Get the...

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CFPB Could Use Credit Reporting Act Against Data Brokers
CFPB Could Use Credit Reporting Act Against Data Brokers
August 16, 2023  |  CFPB

America’s consumer watchdog wants to crack down on “data brokers” who collect and sell people’s personal information. Get the Full Story Complete the form to...

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CFPB to Call for Expansion of Regulation of Tracking and Selling Personal Data
CFPB to Call for Expansion of Regulation of Tracking and Selling Personal Data
August 15, 2023  |  Regulation

The Consumer Financial Protection Bureau (CFPB) will propose new regulations directed at companies that track and sell people’s personal data. Get the Full Story Complete the form...

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As CFPB Rulemaking Proceeds, Trustly Regulatory Chief Says Open Banking Primed to ‘Empower’ Consumers
As CFPB Rulemaking Proceeds, Trustly Regulatory Chief Says Open Banking Primed to ‘Empower’ Consumers
August 10, 2023  |  Banking

As the financial industry awaits the release of the Consumer Financial Protection Bureau’s (CFPB) proposed rules governing data sharing, businesses of all sizes are preparing for...

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