CFPB

CFPB Dusts off Old Rule to Investigate FinTech

CFPB Dusts off Old Rule to Investigate FinTech
CFPB Dusts off Old Rule to Investigate FinTech
April 26, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) announced yesterday, April 25, 2022, that it will start using a largely unused legal provision to examine nonbank financial...

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CFPB Director to Testify on Open Banking, Privacy to Senate Committee
CFPB Director to Testify on Open Banking, Privacy to Senate Committee
April 25, 2022  |  CFPB

U.S. Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra plans to tell Congress this week about a proposed measure to regulate open banking and small...

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MoneyGram Gets Ready to Fight ‘Meritless Lawsuit’
MoneyGram Gets Ready to Fight ‘Meritless Lawsuit’
April 22, 2022  |  Legal & Regulation

Global money transfer company MoneyGram is getting ready to fight a civil lawsuit filed by the director of the Consumer Financial Protection Bureau (CFPB) and...

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CFPB and New York AG Sue MoneyGram 
CFPB and New York AG Sue MoneyGram 
April 21, 2022  |  Legal & Regulation

The federal Consumer Financial Protection Bureau (CFPB) and New York’s attorney general filed a federal lawsuit against MoneyGram International, Inc. and MoneyGram Payment Systems, Inc.,...

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CFPB Reports Flood of Medical Debt-Collection Complaints Last Year
CFPB Reports Flood of Medical Debt-Collection Complaints Last Year
April 20, 2022  |  CFPB

To say we’re behind on medical debt is an understatement on several levels. It wasn’t until 2021 when the Census Bureau finally caught up with...

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The CFPB and the ‘Junk Fee’ Investigation: 3 Challenges Ahead
The CFPB and the ‘Junk Fee’ Investigation: 3 Challenges Ahead
April 19, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) closed its public consultation on junk fees April 11. Two days later, the agency published a blog post highlighting...

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FTC Issues $4.8M in Refunds to Debt Collector Victims
FTC Issues $4.8M in Refunds to Debt Collector Victims
April 15, 2022  |  Debt

The Federal Trade Commission (FTC) issued more than $4.8 million in refunds to victims of unlawful debt collection practices last year, the agency said in...

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TechREG Weekly: Big Tech Turns to Privacy to Mitigate Antitrust Woes 
TechREG Weekly: Big Tech Turns to Privacy to Mitigate Antitrust Woes 
April 15, 2022  |  Legal & Regulation

This was an active week for BigTech, particularly for Apple and Microsoft, both facing new antitrust problems in Europe. In addition, Apple’s CEO once again...

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