The Consumer Financial Protection Bureau (CFPB) ruled Wednesday (May 22) that buy now, pay later (BNPL) vendors are credit card providers and must provide some...
The Consumer Financial Protection Bureau (CFPB) is looking to improve “competition, choice and affordability” in credit reporting costs and other mortgage closing costs. In prepared remarks for a speech at a Mortgage...
The Consumer Financial Protection Bureau (CFPB) said Thursday (May 9) that it will be monitoring credit card rewards programs and taking action as appropriate. This...
The Federal Deposit Insurance Corp. (FDIC) should change its rules to ensure that it reviews any “suspicious changes” in bank control, FDIC board member Rohit...
America’s consumer finance watchdog is targeting “junk fees” in the mortgage industry. The Consumer Financial Protection Bureau (CFPB) published findings Wednesday (April 24) showing that mortgage servicers — the...
America’s leading consumer finance watchdog is skeptical about giant mergers between credit card companies. Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra expressed these worries in a Wednesday...
This week Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), updated reporters about his agency’s efforts to scrutinize credit card reward programs. What some may have...
Consumers like credit card rewards — that’s a truism borne out by PYMNTS Intelligence research. And it may be the case that scrutiny — and...