CFPB

CFPB Takes First Steps for Open Banking, Big Tech Scrutiny

CFPB Takes First Steps for Open Banking, Big Tech Scrutiny
CFPB Takes First Steps for Open Banking, Big Tech Scrutiny
May 25, 2022  |  CFPB

When Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra testified on Capitol Hill in late April about the agency’s future plans to promote open banking...

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CFPB to Push for Consumer Finance Innovation, Competition
CFPB to Push for Consumer Finance Innovation, Competition
May 24, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has opened the Office of Competition and Innovation, to promote more competition and look into stumbling blocks for new...

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Today in TechREG: ECB Warns Crypto Could Shake Financial Stability
Today in TechREG: ECB Warns Crypto Could Shake Financial Stability
May 24, 2022  |  Technology

On Tuesday (May 24), the European Central Bank (ECB) published a report flagging possible financial stability risks in the future if crypto assets continue to...

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CFPB Calls on States To Expand Enforcement Efforts
CFPB Calls on States To Expand Enforcement Efforts
May 24, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) issued on Thursday, May 19 a new interpretative rule seeking to bolster the states’ enforcement actions to protect consumers....

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CFPB, NY AG Shutter ‘Deceptive’ Debt Collection Shops
CFPB, NY AG Shutter ‘Deceptive’ Debt Collection Shops
May 23, 2022  |  Legal & Regulation

The federal Consumer Financial Protection Bureau (CFPB) and the New York state attorney general filed a proposed judgment in federal court to settle its case against...

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TechREG Weekly US: More Crypto Regulation, Enforcement Is Coming; FedNow Will Allow Delayed Payments to Prevent Fraud
TechREG Weekly US: More Crypto Regulation, Enforcement Is Coming; FedNow Will Allow Delayed Payments to...
May 20, 2022  |  Legal & Regulation

This week, lawmakers and regulators announced that they are working on new rules and legislation in the crypto space. Federal agencies are also poised to...

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CFPB Warns Businesses Not to Misrepresent FDIC Insurance
CFPB Warns Businesses Not to Misrepresent FDIC Insurance
May 17, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is looking out for consumers at risk of succumbing to false advertising stemming from misusing the Federal Deposit Insurance...

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Today in TechREG: CFPB Wants Other Agencies to Follow Its Views
Today in TechREG: CFPB Wants Other Agencies to Follow Its Views
May 17, 2022  |  Technology

Today in TechREG, Securities and Exchange Commission (SEC) Chair Gary Gensler reminded investors that crypto assets are “highly speculative” and the agency will continue policing the...

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