Consumer Financial Protection Bureau

CFPB Proposal Prompts Customers to Contact Providers Before Regulators With Remittance Questions

CFPB Proposal Prompts Customers to Contact Providers Before Regulators With Remittance Questions
CFPB Proposal Prompts Customers to Contact Providers Before Regulators With Remittance Questions
September 20, 2024  |  CFPB

With remittances, when in doubt, check it out. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

READ MORE >
CFPB’s FAQs on BNPL Hint at Key Areas of Regulation and Controversy
CFPB’s FAQs on BNPL Hint at Key Areas of Regulation and Controversy
September 20, 2024  |  BNPL

Perhaps the most frequently asked question that will come in the wake of the Consumer Financial Protection Bureau’s (CFPB’s) publication of a “frequently asked questions”...

READ MORE >
CFPB Aims to Apply Privacy Protections to Data Brokers
CFPB Aims to Apply Privacy Protections to Data Brokers
September 19, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) will soon propose a rule that would apply privacy protections to data brokers, CFPB Director Rohit Chopra said Thursday...

READ MORE >
What to Know About Rule 1033 as Open Banking Continues to Evolve
What to Know About Rule 1033 as Open Banking Continues to Evolve
September 17, 2024  |  Banking

Open banking — relatively well-entrenched in Europe, nascent here in the United States — is taking shape largely by directive, through regulations and standards that...

READ MORE >
CFPB Issues Guidance Targeting Banks’ ‘Phantom Opt-In Agreements’
CFPB Issues Guidance Targeting Banks’ ‘Phantom Opt-In Agreements’
September 17, 2024  |  Bank Regulation

The Consumer Financial Protection Bureau (CFPB) aims to stop banks from charging overdraft fees based on what it calls “phantom opt-in agreements” — cases in...

READ MORE >
CFPB Sues Horizon Card Services, Alleging ‘Baiting and Gouging’ Consumers
CFPB Sues Horizon Card Services, Alleging ‘Baiting and Gouging’ Consumers
September 13, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sued Horizon Card Services and its CEO Robert Kane Friday (Sept. 13). Get the Full Story Complete the form...

READ MORE >
CFPB Bars Navient From Federal Student Loan Business
CFPB Bars Navient From Federal Student Loan Business
September 12, 2024  |  Legal & Regulation

Navient is exiting the federal student loan business as a regulator prepares to fine it $120 million. Get the Full Story Complete the form to...

READ MORE >
CFPB Orders TD Bank to Pay $28 Million For Misleading Consumer Reporting Agencies
CFPB Orders TD Bank to Pay $28 Million For Misleading Consumer Reporting Agencies
September 11, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) ordered TD Bank to pay about $28 million in redress and penalties, saying the bank provided consumer reporting agencies...

READ MORE >