CFPB

Regulators Walk Fine Line Between Protecting Consumers, Stifling FinTech Innovation

Regulators Walk Fine Line Between Protecting Consumers, Stifling FinTech Innovation
Regulators Walk Fine Line Between Protecting Consumers, Stifling FinTech Innovation
February 01, 2022  |  Legal & Regulation

The regulators sharpen their gaze, the legislators sharpen their pencils and bang the gavels — and Big Tech, banks and FinTechs are in the crosshairs,...

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Crypto Critic Joins CFPB
Crypto Critic Joins CFPB
January 27, 2022  |  Cryptocurrency

A well-known skeptic of cryptocurrencies is joining the Consumer Financial Protection Bureau, which could signal more federal oversight in the future of the digital coins....

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CFPB Opens Inquiry Against ‘Junk Fees’
CFPB Opens Inquiry Against ‘Junk Fees’
January 26, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) launched an initiative to reduce “junk fees,” a move the agency said will save consumers billions of dollars each...

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CFPB Casts Wide Net on Market for Consumer Credit
CFPB Casts Wide Net on Market for Consumer Credit
January 26, 2022  |  Legal & Regulation

In a blog post on Jan. 19, the Consumer Financial Protection Bureau (CFPB) announced that given the significance credit cards and credit card debt represents...

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CFPB to Probe College Loan Programs
CFPB to Probe College Loan Programs
January 20, 2022  |  CFPB

The Consumer Finance Protection Bureau (CFPB) has announced its intent to look into post-secondary schools like for-profit colleges, which extend private loans to students. Get...

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Report: Federal Financial Regulators Should Ensure Protection of Personal Data
Report: Federal Financial Regulators Should Ensure Protection of Personal Data
January 14, 2022  |  Legal & Regulation

A review of five U.S. financial regulators responsible for protecting consumers’ personally identifiable information (PII) revealed four have failed to follow key practices, such as...

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Lawmakers Press Biden to Push Big Tech Regs
Lawmakers Press Biden to Push Big Tech Regs
December 26, 2021  |  Big Tech

President Joe Biden is facing pressure to get more into the fight over regulating social media and online platforms, The Wall Street Journal reports. Get...

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Credit Union National Association Backs Inquiry Into Tech Giants’ Payment Policies
Credit Union National Association Backs Inquiry Into Tech Giants’ Payment Policies
December 22, 2021  |  Legal & Regulation

The Credit Union National Association (CUNA) this week backed the Consumer Financial Protection Bureau’s (CFPB) probe of Google, Apple, Facebook, Amazon, Square and PayPal’s payments...

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