CFPB

CFPB Director Wants To Pay Whistleblowers
CFPB Director Wants To Pay Whistleblowers
March 06, 2020  |  Regulation

Kathy Kraninger, the director of the U.S. Consumer Financial Protection Bureau (CFPB), has asked Congress for the ability to pay whistleblowers in an attempt to...

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Today In Payments: Car Sales Down 80 Pct In China; Wells Fargo Gives Apple Pay Users $5 At ATMs
Today In Payments: Car Sales Down 80 Pct In China; Wells Fargo Gives Apple Pay...
March 05, 2020  |  News

In today’s top payments news, car sales in China plummeted 80 percent last month due to the coronavirus outbreak, and Wells Fargo will give customers...

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Fifth Third Faces CFPB Probe Over Fake Accounts
Fifth Third Faces CFPB Probe Over Fake Accounts
March 04, 2020  |  Bank Regulation

Fifth Third Bank said it’s facing enforcement action from the Consumer Financial Protection Bureau (CFPB) over alleged openings of unauthorized accounts. The CFPB said it...

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US High Court Considers CFPB’s Fate
US High Court Considers CFPB’s Fate
March 03, 2020  |  CFPB

The Supreme Court heard arguments about whether a sitting U.S. president has the authority to fire the leader of the Consumer Financial Protection Bureau (CFPB),...

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Today In Payments: Apple Parts Maker Foxconn Back To Work In China; Two Chinese Nationals Laundered $100M In Crypto
Today In Payments: Apple Parts Maker Foxconn Back To Work In China; Two Chinese Nationals...
March 03, 2020  |  News

In today’s top news, Apple manufacturer and supplier Foxconn has returned to production, the Department of Justice charged two Chinese nationals with laundering over $100...

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Will New CFPB Rules Finally Be Able To Put Zombie Debt To Rest?
Will New CFPB Rules Finally Be Able To Put Zombie Debt To Rest?
March 03, 2020  |  Debt

The phenomenon of zombie debt is not new to the U.S. economy — nor are consumer complaints about collection agencies that use aggressive tactics in...

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CFPB Structure To Get Supreme Court Hearing
CFPB Structure To Get Supreme Court Hearing
March 02, 2020  |  Regulation Roundup

For game makers operating in China, new licensing requirements are on the horizon, especially for those that rely on iOS. To that end, Apple said...

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Waters Tells CFPB Head To Do Better
Waters Tells CFPB Head To Do Better
February 06, 2020  |  CFPB

The chairwoman of the U.S. House Committee on Financial Services, Maxine Waters, told the head of the Consumer Financial Protection Bureau (CFPB), Kathy Kraninger, that...

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EU Regulators Want Single Data Market In Europe
EU Regulators Want Single Data Market In Europe
February 03, 2020  |  Regulation

In Europe, another regulatory salvo may be aimed at U.S. tech firms’ dominance across online platforms, and the collection and use of data. The European...

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