CFPB

Sen Warren Urges CFPB to Develop Stronger Rules for P2P Payments
Sen Warren Urges CFPB to Develop Stronger Rules for P2P Payments
October 28, 2022  |  Bank Regulation

Three weeks after releasing a report focused on frauds and scams on Zelle, U.S. Sen. Elizabeth Warren has sent a letter to the Consumer Financial...

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CFPB Looks to Give Consumers More Control Over Their Data
CFPB Looks to Give Consumers More Control Over Their Data
October 27, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is looking at ways to give consumers more control over their financial data. Get the Full Story Complete the...

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CFPB Eyes Open Banking’s Data Rules and ‘New Regulatory Approach’
CFPB Eyes Open Banking’s Data Rules and ‘New Regulatory Approach’
October 26, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is facing legal challenges to its very structure and its reach — and where it gets it funding. Get...

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CFPB Says Surprise Overdraft Fees Are Likely Illegal
CFPB Says Surprise Overdraft Fees Are Likely Illegal
October 26, 2022  |  Bank Regulation

Getting hit with an unexpected overdraft fee might be annoying, but according to America’s top consumer advocate, it’s probably also illegal. Get the Full Story...

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CFPB Guidance: Consumer Reporting Agencies Must Eliminate ‘Junk Data’ 
CFPB Guidance: Consumer Reporting Agencies Must Eliminate ‘Junk Data’ 
October 20, 2022  |  CFPB

When a credit report says that a child has a mortgage or that someone incurred a debt years before they were born, that’s obviously false...

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Court Ruling on CFPB Structure Raises Questions on Rulemaking Authority
Court Ruling on CFPB Structure Raises Questions on Rulemaking Authority
October 20, 2022  |  CFPB

Only 12 years into its existence, and the Consumer Financial Protection Bureau (CFPB) may face an existential threat — or at least some significant restructuring....

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CFPB: Active Network Duped Users Into $300M in Junk Fees
CFPB: Active Network Duped Users Into $300M in Junk Fees
October 18, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has sued Active Network, saying the online event registration company duped people into signing up for its discount subscription...

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CFPB: Colleges Need to Protect Students From ‘Junk Fees’
CFPB: Colleges Need to Protect Students From ‘Junk Fees’
October 13, 2022  |  CFPB

America’s colleges have more work to do when it comes to protecting students from so-called “junk fees,” the Consumer Financial Protection Bureau (CFPB) said Thursday...

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P2P Payment Fraud Under Microscope as Lawmakers Seek Regulatory Solution
P2P Payment Fraud Under Microscope as Lawmakers Seek Regulatory Solution
October 04, 2022  |  Regulation

The ongoing debate on Capitol Hill over peer-to-peer (P2P) payments regulation came into focus Monday (Oct. 3) after U.S. Sen. Elizabeth Warren, an outspoken critic...

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