CFPB

CFPB Medical Debt Hearing Comes as Patients Tap Financing to Get the Care They Need 
CFPB Medical Debt Hearing Comes as Patients Tap Financing to Get the Care They Need 
July 10, 2023  |  Healthcare Financing

Medical debt and payments plans are increasingly scrutinized by the Consumer Financial Protection Bureau, the White House and regulators. But the data shows that consumers...

READ MORE >
Treasury Dept. and CFPB Investigate Medical Credit Cards and Installment Loans
Treasury Dept. and CFPB Investigate Medical Credit Cards and Installment Loans
July 07, 2023  |  Credit Cards

Three federal agencies have launched an inquiry into “high-cost specialty financial products” used to pay for routine medical care. Get the Full Story Complete the...

READ MORE >
Senators Call for New Rules to Combat AI-Powered Scams
Senators Call for New Rules to Combat AI-Powered Scams
July 07, 2023  |  Fraud Prevention

Senators have called on regulators to protect consumers from artificial intelligence (AI)-powered scams. Get the Full Story Complete the form to unlock this article and...

READ MORE >
CFPB’s Rule-Making Agenda Hints Summer May Get Heated for Big Tech 
CFPB’s Rule-Making Agenda Hints Summer May Get Heated for Big Tech 
July 04, 2023  |  CFPB

The grills are hot.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

READ MORE >
CFPB Cites ACI Worldwide in $2 Billion ‘Mortgage Fiasco’
CFPB Cites ACI Worldwide in $2 Billion ‘Mortgage Fiasco’
June 27, 2023  |  CFPB

America’s consumer finance regulator has fined ACI Worldwide for processing more than $2 billion in unauthorized mortgage payments. Get the Full Story Complete the form...

READ MORE >
Banks and FinTechs Now Prioritize Collaboration Over Competition
Banks and FinTechs Now Prioritize Collaboration Over Competition
June 16, 2023  |  Partnerships

Tough times make tough businesses and underscore the viability of their corporate strategies. Get the Full Story Complete the form to unlock this article and...

READ MORE >
CFPB’s Chopra Warns of Consumer Credit Delinquency as Total Household Debt Hits $17 Trillion
CFPB’s Chopra Warns of Consumer Credit Delinquency as Total Household Debt Hits $17 Trillion
June 14, 2023  |  CFPB

At the latest hearing focused on the Consumer Financial Protection Bureau, things got heated even before Director Rohit Chopra uttered a word. Get the Full...

READ MORE >
FTC Highlights Enforcement Actions Related to Financial Abuses
FTC Highlights Enforcement Actions Related to Financial Abuses
June 07, 2023  |  Regulation

The Federal Trade Commission (FTC) undertook enforcement actions around automobile purchasing and financing, payday lending, and credit repair and debt relief in 2022. Get the Full...

READ MORE >
CFPB Warns Against ‘Poorly Deployed’ Banking Chatbots
CFPB Warns Against ‘Poorly Deployed’ Banking Chatbots
June 06, 2023  |  CFPB

America’s consumer protection watchdog says it’s monitoring the banking sector’s use of AI-powered chatbots. Get the Full Story Complete the form to unlock this article...

READ MORE >