Consumer Financial Protection Bureau

CFPB’s Chopra Says Rule 1033 ‘Important Step’ for Data Privacy

CFPB’s Chopra Says Rule 1033 ‘Important Step’ for Data Privacy
CFPB’s Chopra Says Rule 1033 ‘Important Step’ for Data Privacy
October 28, 2024  |  CFPB

The recent finalization of data-sharing rules may have sharpened the debate over risks and rewards of Section 1033 — to consumers, banks and FinTechs —...

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Banks’ Suit on CFPB Rule 1033 Predicts Private-Public Sector Clash on Open Banking
Banks’ Suit on CFPB Rule 1033 Predicts Private-Public Sector Clash on Open Banking
October 25, 2024  |  Legal & Regulation

The Consumer Financial Protection Bureau released its final rule on data-sharing Tuesday (Oct. 22). Get the Full Story Complete the form to unlock this article...

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CFPB Orders Apple, Goldman Sachs to Pay $90 Million Over Apple Card Violations
CFPB Orders Apple, Goldman Sachs to Pay $90 Million Over Apple Card Violations
October 23, 2024  |  Credit Cards

If there’s a regulatory body that’s been busier this week than the Consumer Financial Protection Bureau (CFPB), we’d be hard-pressed to name it. Get the...

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Open Banking’s Price Tag: CFPB’s 1033 Rule and the Cost of Compliance
Open Banking’s Price Tag: CFPB’s 1033 Rule and the Cost of Compliance
October 22, 2024  |  CFPB

The goal of the Consumer Financial Protection Bureau’s final rule on data sharing unveiled Tuesday (Oct. 22) is to promote competition and, by extension, financial...

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BNPL Trade Group Sues CFPB Over ‘Impossible’ Disclosure Rules
BNPL Trade Group Sues CFPB Over ‘Impossible’ Disclosure Rules
October 21, 2024  |  BNPL

The suit filed last week seeking to stop a new rule from the Consumer Financial Protection Bureau (CFPB) governing buy now, pay later (BNPL) loans...

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FinTech Association Sues CFPB; Says BNPL Rule ‘Oversteps Legal Bounds’
FinTech Association Sues CFPB; Says BNPL Rule ‘Oversteps Legal Bounds’
October 20, 2024  |  BNPL

The Financial Technology Association (FTA) has filed a lawsuit challenging the Consumer Financial Protection Bureau’s (CFPB) final interpretive rule on pay-in-four buy now, pay later...

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Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
October 18, 2024  |  Legal & Regulation

Through the past several weeks and months, the drumbeat’s grown louder for regulations at the federal level to govern nonbanks — especially FinTechs, neobanks and...

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CFPB Accuses Ejudicate of Conducting ‘Sham’ Student Loan Arbitrations
CFPB Accuses Ejudicate of Conducting ‘Sham’ Student Loan Arbitrations
October 10, 2024  |  CFPB

The CFPB has barred dispute resolution platform Ejudicate from arbitrating disputes about consumer financial products. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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