CFPB

Debt Collectors Move Beyond Robocalls to Text, Email, Social Media

Debt Collectors Move Beyond Robocalls to Text, Email, Social Media
Debt Collectors Move Beyond Robocalls to Text, Email, Social Media
December 02, 2021  |  Debt

Collection agencies can now reach out to debtors by text, email and social media following new rules enacted by the Consumer Financial Protection Bureau (CFPB),...

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CFPB Lays Groundwork for Open Banking’s US Push
CFPB Lays Groundwork for Open Banking’s US Push
December 02, 2021  |  Banking

Open banking may have its roots across the pond, in the United Kingdom, but it’s fair to say the United States is quickly putting its...

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CFPB to Heavily Regulate Overdraft Fees From Banks
CFPB to Heavily Regulate Overdraft Fees From Banks
December 01, 2021  |  Legal & Regulation

The Consumer Finance Protection Bureau (CFPB) is making it so banks can’t charge fees to customers overdrawing checking accounts, the financial watchdog announced Wednesday (Dec....

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As CFPB Blasts Unfair Overdraft Fees, Capital One Says It’s Eliminating Them
As CFPB Blasts Unfair Overdraft Fees, Capital One Says It’s Eliminating Them
December 01, 2021  |  Banking

Well, that was fast. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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White House Mulling Former CFPB Director Richard Cordray as Fed Banking Regulator
White House Mulling Former CFPB Director Richard Cordray as Fed Banking Regulator
November 30, 2021  |  Bank Regulation

President Joe Biden is weighing whether to nominate attorney and former Consumer Financial Protection Bureau Richard Cordray as the Federal Reserve’s top banking regulator, people...

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CFPB Lawsuit Alleges Pawn Lenders Bilked Military Families
CFPB Lawsuit Alleges Pawn Lenders Bilked Military Families
November 12, 2021  |  Loans

The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against pawn lenders FirstCash, Inc. and Cash America West, Inc. on Friday (Nov. 12) in a...

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Capitol Hill Hearing: BNPL Has Benefits But Risks are ‘Growing’
Capitol Hill Hearing: BNPL Has Benefits But Risks are ‘Growing’
November 02, 2021  |  BNPL

Buy now, pay later (BNPL) plans and other financial innovations, such as earned wage access (EWA), have the potential to broaden financial access for underserved...

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CFPB’S Chopra: Stablecoins May ‘Create Stress’ on US Financial System Without ‘Oversight’
CFPB’S Chopra: Stablecoins May ‘Create Stress’ on US Financial System Without ‘Oversight’
November 01, 2021  |  CFPB

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra said the agency will be taking action on stablecoins, according to a press release. Get the Full...

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