CFPB

This Week in AI: Interactive Evolutions, Enterprise Wins, Biometric Payments
This Week in AI: Interactive Evolutions, Enterprise Wins, Biometric Payments
September 21, 2023  |  artificial intelligence

Generative artificial intelligence (AI) hasn’t even celebrated its first birthday yet.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
CFPB Wants to Wipe Medical Bills From Credit Reports
CFPB Wants to Wipe Medical Bills From Credit Reports
September 21, 2023  |  Healthcare Financing

The Consumer Financial Protection Bureau (CFPB) has begun a rulemaking process aimed at removing medical bills from Americans’ credit reports. Get the Full Story Complete the form...

READ MORE >
CFPB Says Lenders Must Explain AI-Driven Credit Denials
CFPB Says Lenders Must Explain AI-Driven Credit Denials
September 19, 2023  |  Regulation

The Consumer Financial Protection Bureau (CFPB) has released guidance for lenders who utilize artificial intelligence (AI) and complex models in their credit decision-making processes. Get the Full Story Complete...

READ MORE >
Discover Financial Services Weighs Sale of Student-Loan Business
Discover Financial Services Weighs Sale of Student-Loan Business
September 15, 2023  |  Acquisitions

Discover Financial Services is reportedly exploring the possibility of selling its student-loan business as part of its ongoing efforts to streamline operations following a series of...

READ MORE >
CFPB Investigating Tuition Payment Plans and Practices of School-Based Lenders
CFPB Investigating Tuition Payment Plans and Practices of School-Based Lenders
September 14, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is looking into, and warning students about, the risks faced by students when entering into agreements with colleges for tuition payment...

READ MORE >
Debate Sharpens on Medical Payment Products as CFPB Seeks More Info
Debate Sharpens on Medical Payment Products as CFPB Seeks More Info
September 12, 2023  |  Healthcare

The debate over medical payment products — and, by extension, consumer choice — is sharpening between banks, innovators and regulators. Get the Full Story Complete...

READ MORE >
NFC Poised to Become Big Tech, Open Banking Battleground
NFC Poised to Become Big Tech, Open Banking Battleground
September 11, 2023  |  Payment Methods

Consumer choice is at the heart of open banking, and, according to the Consumer Financial Protection Bureau (CFPB), open ecosystems and interoperability are among the...

READ MORE >
Grace Periods, Proactive Approaches Help Consumers With Overdrafts and Account Management
Grace Periods, Proactive Approaches Help Consumers With Overdrafts and Account Management
September 08, 2023  |  Banking

The data show that 20% of individuals have overdrawn their accounts in the past year as they grapple with the demands of inflation, of timing...

READ MORE >
Apple, Google Come Under Fire for Their Tap-to-Pay Walled Gardens
Apple, Google Come Under Fire for Their Tap-to-Pay Walled Gardens
September 07, 2023  |  Mobile Payments

Contactless payments are now coming into contact with federal consumer protection agencies. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >