Consumer Financial Protection Bureau

CFPB to Seek Feedback on Open Banking Rulemaking in November

CFPB to Seek Feedback on Open Banking Rulemaking in November
CFPB to Seek Feedback on Open Banking Rulemaking in November
July 22, 2022  |  Legal & Regulation

Open banking continues to grow and so do regulatory frameworks that aim at fostering its use. Get the Full Story Complete the form to unlock...

READ MORE >
CFPB Wants Banks to Pay Back Victims Scammed Using Zelle, Other P2P Services
CFPB Wants Banks to Pay Back Victims Scammed Using Zelle, Other P2P Services
July 19, 2022  |  CFPB

Victims of scams involving Zelle and other peer-to-peer (P2P) money transfer services could be getting new assistance from the Consumer Financial Protection Bureau (CFPB) by...

READ MORE >
Banks Tell CFPB No Card Late Fee Data Unless Rulemaking Deadline Extended
Banks Tell CFPB No Card Late Fee Data Unless Rulemaking Deadline Extended
July 18, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) may need to extend the deadline to submit comments on its Advance Notice of Proposed Rulemaking (ANPR) about credit...

READ MORE >
NY Regulator and Lawmakers Join CFPB in Push to Ban Overdraft Fees
NY Regulator and Lawmakers Join CFPB in Push to Ban Overdraft Fees
July 14, 2022  |  Bank Regulation

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), has made it a priority for the bureau to fight against “junk fees,” overdraft fees,...

READ MORE >
Weekly TechREG US: Federal Agencies Respond to Biden’s Crypto Executive Order; Bank Regulators Urged Banks to Conduct Customer Due Diligence, Avoid De-risking Practices 
Weekly TechREG US: Federal Agencies Respond to Biden’s Crypto Executive Order; Bank Regulators Urged Banks...
July 08, 2022  |  Legal & Regulation

This week, the U.S. Treasury proposed to the White House a plan to strengthen international cooperation on crypto regulation to make sure that the country...

READ MORE >
CFPB to Increase Use of Advisory Opinions as Rulemaking Alternative
CFPB to Increase Use of Advisory Opinions as Rulemaking Alternative
July 08, 2022  |  CFPB

In recent months, the Consumer Financial Protection Bureau (CFPB) has increased the use of soft tools, such as advisory opinions, circulars or blog posts, to...

READ MORE >
CFPB Bolsters Data Privacy, Cybersecurity Regulations
CFPB Bolsters Data Privacy, Cybersecurity Regulations
July 07, 2022  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) on Thursday (July 7) handed down new data privacy and cybersecurity regulations to dictate how companies can use and...

READ MORE >
Today in FinTech: GetVantage Raises $36M; Apple Allows Third-Party Payments in S Korea
Today in FinTech: GetVantage Raises $36M; Apple Allows Third-Party Payments in S Korea
June 30, 2022  |  Technology

In today’s FinTech news, GetVantage secures $36 million to grow its footprint in Southeast Asia, while Apple has to take a reduced commission in South...

READ MORE >