CFPB

CFPB and EU Eye Consumer Risks of BNPL, AI and Digital Payments
CFPB and EU Eye Consumer Risks of BNPL, AI and Digital Payments
April 11, 2024  |  CFPB

Consumer protection officials for the United States and the European Commission have met to discuss three shared priorities: buy now, pay later (BNPL), digital payments...

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CFPB Could Block Lenders From Charging for Title Insurance
CFPB Could Block Lenders From Charging for Title Insurance
April 10, 2024  |  CFPB

America’s leading consumer watchdog is reportedly weighing a sweeping change to the title insurance industry. As Bloomberg News reported Wednesday (April 10), the Consumer Financial...

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This Week in Web3: Usability, Utility and Oversight 
This Week in Web3: Usability, Utility and Oversight 
April 10, 2024  |  Blockchain

The next iteration of the internet, Web3, has been around for a while now.  Meta’s Reality Labs division — the arm of the tech giant...

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Legislation Seeks to Overturn CFPB Limits on Credit Card Late Fees
Legislation Seeks to Overturn CFPB Limits on Credit Card Late Fees
April 09, 2024  |  CFPB

The fight over credit card late fees may go to Capitol Hill. Sen. Tim Scott of South Carolina unveiled a joint resolution Monday (April 8) that would prevent the...

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CFPB Late Fee Lawsuit Gets Sent Back to Texas
CFPB Late Fee Lawsuit Gets Sent Back to Texas
April 07, 2024  |  CFPB

A federal lawsuit challenging new credit card late fee limits will remain in Texas. The U.S. Court of Appeals for the Fifth Circuit ruled Friday (April 5)...

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CFPB Monitoring Potential Risk of ‘Discount Points’ Paid by Homebuyers
CFPB Monitoring Potential Risk of ‘Discount Points’ Paid by Homebuyers
April 05, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is monitoring the increasing payment of “discount points” by homebuyers and the potential risk this may pose to consumers....

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CFPB Monitoring Video Games, Virtual Worlds for Consumer Protection Compliance
CFPB Monitoring Video Games, Virtual Worlds for Consumer Protection Compliance
April 04, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is monitoring video games and virtual worlds to ensure their compliance with federal consumer financial protection laws. This monitoring...

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PayPal’s Court Win Spotlights Continuing Evolution of Digital Wallets
PayPal’s Court Win Spotlights Continuing Evolution of Digital Wallets
April 03, 2024  |  Mobile Wallets

The legal dust-up between PayPal and the Consumer Financial Protection Bureau (CFPB) over digital wallets has notched a win in PayPal’s favor. As reported this...

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Judge Sides With PayPal in CFPB Lawsuit Regarding Digital Wallets
Judge Sides With PayPal in CFPB Lawsuit Regarding Digital Wallets
April 01, 2024  |  Legal

PayPal won a legal victory against the U.S. consumer protection watchdog. According to court documents cited in a Friday (March 29) Law 360 report, U.S. District...

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