Consumer Bankers Association news and trends

CFPB Signals Rulemaking Push for Nonbank Personal Loans, Including BNPL
CFPB // January 09, 2025

The Consumer Financial Protection Bureau has been busy — with the latest salvo of (possible) rulemaking looming for buy now, pay later (BNPL) loans, earned wage access and other financial products. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Trade Associations Sue to Block CFPB Overdraft Rule
CFPB // December 12, 2024

Four trade associations and three banks are pursuing legal action against the Consumer Financial Protection Bureau’s (CFPB) final rule on overdraft services, which was released Thursday (Dec. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Consumer Bankers Association Aims to Reverse CFPB’s ‘Radical Pendulum Shift’
CFPB // December 09, 2024

The Consumer Bankers Association (CBA) said Monday (Dec. 9) that the incoming Trump administration and new Congress present opportunities to reverse the Consumer Financial Protection Bureau’s (CFPB) “radical pendulum shift.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

CFPB to Investigate Credit Card Reward Programs Following Consumer Complaints
Loyalty & Rewards // March 26, 2024

The Consumer Financial Protection Bureau (CFPB) will reportedly take a closer look at credit card reward programs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Interviews & Exclusives
CFPB Draws Fire at Hill Hearing on ‘Politicized’ Financial Regulation

March 07, 2024
The Consumer Financial Protection Bureau (CFPB) came under fire on Capitol Hill Thursday (March 7) from critics who charged that caps on credit card late fees, and other actions, would hurt innovation and banks’ customers in the long run. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access […]

Quick Reads
Trade Associations Sue to Block CFPB Overdraft Rule

December 12, 2024
Four trade associations and three banks are pursuing legal action against the Consumer Financial Protection Bureau’s (CFPB) final rule on overdraft services, which was released Thursday (Dec. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to […]

Consumer Bankers Association Aims to Reverse CFPB’s ‘Radical Pendulum Shift’

December 09, 2024
The Consumer Bankers Association (CBA) said Monday (Dec. 9) that the incoming Trump administration and new Congress present opportunities to reverse the Consumer Financial Protection Bureau’s (CFPB) “radical pendulum shift.”...

CFPB to Investigate Credit Card Reward Programs Following Consumer Complaints

March 26, 2024
The Consumer Financial Protection Bureau (CFPB) will reportedly take a closer look at credit card reward programs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Two Banking Groups Call For Automatic PPP Loan Forgiveness

June 03, 2020
The Consumer Bankers Association and Bank Policy Institute, in a co-signed letter, have called on Congress to automatically forgive Paycheck Protection Program (PPP) loans under $150,000. Get the Full Story Complete...