CFPB

New York Sues Capital One, Pursuing Similar Case CFPB Dropped

New York Sues Capital One, Pursuing Similar Case CFPB Dropped
New York Sues Capital One, Pursuing Similar Case CFPB Dropped
May 14, 2025  |  Legal

New York Attorney General Letitia James sued Capital One Wednesday (May 14), alleging the bank misled its customers about the existence of a savings account...

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CFPB Drops Lawsuit Against Walmart and FinTech Company Branch
CFPB Drops Lawsuit Against Walmart and FinTech Company Branch
May 13, 2025  |  Walmart

The Consumer Financial Protection Bureau (CFPB) reportedly dropped a lawsuit against Walmart and Branch that it filed in December. Get the Full Story Complete the...

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CFPB Aims to Rescind Regulation Requiring Registry of Consumer Law-Breaking Nonbank Financial Companies
CFPB Aims to Rescind Regulation Requiring Registry of Consumer Law-Breaking Nonbank Financial Companies
May 13, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is proposing to rescind the “NBR Rule” it adopted last summer that established a registry of nonbank financial companies that...

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CFPB Open Banking Review Could Place Banks and FinTechs at Odds
CFPB Open Banking Review Could Place Banks and FinTechs at Odds
May 13, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is preparing to review its open banking rule. Get the Full Story Complete the form to unlock this article...

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One Year After Synapse, How Much Have We Really Learned?
One Year After Synapse, How Much Have We Really Learned?
May 12, 2025  |  Regulation

Welcome to another edition of Washington Weekly, the series in which PYMNTS CEO Karen Webster and QED Investors partner Amias Gerety start their conversation with...

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Data Security Guardrails Critical Regardless of Open Banking Rule’s Fate
Data Security Guardrails Critical Regardless of Open Banking Rule’s Fate
May 12, 2025  |  Regulation

Whether a reworking or an outright rescission of the Consumer Financial Protection Bureau’s open banking rule is on the horizon, some of the most basic...

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Jonathan McKernan to Be Nominated for Post at Treasury Instead of CFPB
Jonathan McKernan to Be Nominated for Post at Treasury Instead of CFPB
May 09, 2025  |  Politics

Former Federal Deposit Insurance Corp. (FDIC) Board Member Jonathan McKernan will be nominated to serve in a post at the Treasury Department after previously being nominated to lead the Consumer...

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CFPB Halts Enforcement of 67 Guidance Documents Pending Review
CFPB Halts Enforcement of 67 Guidance Documents Pending Review
May 09, 2025  |  Regulation Roundup

The Consumer Financial Protection Bureau (CFPB) said Friday (May 9) that it is withdrawing 67 guidance documents issued by the agency since it opened its doors...

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CFPB Pulls Plug on Google Payment Oversight; Alphabet to Withdraw Lawsuit
CFPB Pulls Plug on Google Payment Oversight; Alphabet to Withdraw Lawsuit
May 08, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has abruptly abandoned its effort to supervise Google Payment, unraveling a marquee Biden-era bid to extend the agency’s reach...

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