CFPB

CFPB Fines Debt Collector Security Group $5 Million

CFPB Fines Debt Collector Security Group $5 Million
CFPB Fines Debt Collector Security Group $5 Million
June 14, 2018  |  CFPB

The Consumer Financial Protection Bureau fined Security Group, the debt collector, $5 million in the first fine against a company since it hit Wells Fargo...

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Texas Court Rules Against CFPB’s Payday Lending Act Delay
Texas Court Rules Against CFPB’s Payday Lending Act Delay
June 13, 2018  |  Loans

A Texas court ruled on Tuesday (June 12) against delaying the compliance date for the Consumer Financial Protection Bureau’s rule on payday loans. Get the...

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Sizzle Fizzle: Last Mile Sizzles, Banks Fizzle And Snapchat Splits The Difference
Sizzle Fizzle: Last Mile Sizzles, Banks Fizzle And Snapchat Splits The Difference
June 09, 2018  |  Sizzle/Fizzle

Snapchat’s Sizzly Fizzle, or Fizzly Sizzle  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Mulvaney Ousts 25-Member CFPB Advisory Board
Mulvaney Ousts 25-Member CFPB Advisory Board
June 07, 2018  |  CFPB

Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, has ousted the 25 members of the agency’s Consumer Advisory Board. Get the Full Story Complete...

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CFPB Officials Recommend Dismissal Of PHH Case
CFPB Officials Recommend Dismissal Of PHH Case
June 06, 2018  |  Consumer Finance

After PHH Corp.’s appeal of a $109 million penalty caused a legal battle over the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) structure, agency...

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 FinTech Reg Sandbox Takes Shape Via CFPB
 FinTech Reg Sandbox Takes Shape Via CFPB
June 04, 2018  |  Regulation

The sandbox is getting a bit bigger — the regulatory kind, that is. Get the Full Story Complete the form to unlock this article and...

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CFPB, CFTC Develop FinTech Regulatory Sandbox
CFPB, CFTC Develop FinTech Regulatory Sandbox
May 30, 2018  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has announced that it is working with the Commodity Futures Trading Commission to develop a regulatory sandbox for FinTech...

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Mulvaney Applauds Finance Reform Legislation
Mulvaney Applauds Finance Reform Legislation
May 25, 2018  |  CFPB

The Consumer Financial Protection Bureau’s (CFPB) Acting Director Mick Mulvaney praised members of Congress after President Donald Trump signed the Economic Growth, Regulatory Relief and...

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OCC Puts Small-Dollar Loans Back In The Spotlight
OCC Puts Small-Dollar Loans Back In The Spotlight
May 24, 2018  |  Bank Regulation

The Office of the Comptroller of the Currency (OCC) issued a new guidance encouraging banks to offer responsible short-term, small-dollar loans to their customers. The...

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