CFPB

Today In Payments: Banks Spend More To Fight FinTechs; Mastercard Intros Real-Time Payments Gateway PayPort+
Today In Payments: Banks Spend More To Fight FinTechs; Mastercard Intros Real-Time Payments Gateway PayPort+
July 19, 2021  |  News

In today’s top news, banks forecast spending more to fight off FinTechs and Mastercard launched PayPort+, a real-time payments gateway. Plus, the U.S. Consumer Financial...

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CFPB Blog Warns Consumers Biggest Risk Of BNPL Is Themselves
CFPB Blog Warns Consumers Biggest Risk Of BNPL Is Themselves
July 19, 2021  |  Buy Now Pay Later

It’s been a busy time for the buy now, pay later segment over the past few days, including an announcement from Discover that it is investing...

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CFPB Unveils New Rules To Protect Against Foreclosures
CFPB Unveils New Rules To Protect Against Foreclosures
June 29, 2021  |  CFPB

The Consumer Financial Protection Bureau (CFPB) unveiled new protections for mortgage holders two days before the federal ban on foreclosures was set to expire. Get...

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CFPB Looks Into US Bancorp’s Consumer Sales Practices
CFPB Looks Into US Bancorp’s Consumer Sales Practices
May 06, 2021  |  Banking

The Consumer Financial Protection Bureau (CFPB) is looking into some of U.S. Bancorp’s consumer sales practices, according to the financial services company’s 10-Q filed this...

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CFPB Tries To Fend Off A Potential Foreclosure Crisis
CFPB Tries To Fend Off A Potential Foreclosure Crisis
April 20, 2021  |  Loans

The Consumer Financial Protection Bureau (CFPB) is taking a long hard look at mortgage servicers — and whether they’ve really been compliant with pandemic-era programs...

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CFPB Proposes New Protections For Struggling Mortgage Holders
CFPB Proposes New Protections For Struggling Mortgage Holders
April 05, 2021  |  CFPB

Under a new set of Consumer Financial Protection Bureau (CFPB) rule changes, avoidable foreclosures would be able to be prevented, according to a press release....

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Pandemic, Credit Reporting Issues Send CFPB Complaints Up 54 Pct
Pandemic, Credit Reporting Issues Send CFPB Complaints Up 54 Pct
March 24, 2021  |  CFPB

The Consumer Financial Protection Bureau (CFPB) found in its Consumer Response Annual Report for 2020 that there were about 542,300 complaints last year, according to...

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Rohit Chopra, Biden CFPB Pick, Will Focus On Pandemic-Rooted Consumer Debt
Rohit Chopra, Biden CFPB Pick, Will Focus On Pandemic-Rooted Consumer Debt
March 02, 2021  |  CFPB

Rohit Chopra, President Joe Biden’s pick to lead the Consumer Financial Protection Bureau (CFPB), plans to go to bat for Americans struggling with debt amid...

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Today In Payments: InsurTech Oscar Health Files for IPO; Robinhood Margin Account Users 14 Times More Likely To Default
Today In Payments: InsurTech Oscar Health Files for IPO; Robinhood Margin Account Users 14 Times...
February 08, 2021  |  News

In today’s top news, Oscar Health filed for an IPO, and Robinhood borrowers are 14 times more likely to default on loans. Plus, Hyundai denied...

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