CFPB

CFPB Works With Global Regulators to Target BNPL
CFPB Works With Global Regulators to Target BNPL
December 16, 2021  |  CFPB

Citing concerns about the buy now, pay later (BNPL) sector, the Consumer Financial Protection Bureau has ordered five BNPL firms to turn over information about...

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Data Privacy Concerns Rising in Tandem With Rapid Uptake of Data Aggregators
Data Privacy Concerns Rising in Tandem With Rapid Uptake of Data Aggregators
December 15, 2021  |  Security & Fraud

No surprise: In the great digital shift, many consumers have turned to third-party apps to access their financial data. Yet those consumers are less than...

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CFPB Looks Forward to Tech, After a Year Focused on Mortgages and Lending Practices
CFPB Looks Forward to Tech, After a Year Focused on Mortgages and Lending Practices
December 03, 2021  |  CFPB

Predicting the Consumer Financial Protection Bureau’s agenda for 2022 based on this year’s rulemaking isn’t quite as easy this year, as the bureau was without...

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CFPB’s New Director Hones in on Largest Big Tech Players
CFPB’s New Director Hones in on Largest Big Tech Players
December 03, 2021  |  Big Tech

Consumer Financial Protection Bureau director Rohit Chopra, a former Federal Trade Commission member, is taking a closer look at Amazon.com, Apple, Facebook parent Meta Platforms,...

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Debt Collectors Move Beyond Robocalls to Text, Email, Social Media
Debt Collectors Move Beyond Robocalls to Text, Email, Social Media
December 02, 2021  |  Debt

Collection agencies can now reach out to debtors by text, email and social media following new rules enacted by the Consumer Financial Protection Bureau (CFPB),...

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CFPB Lays Groundwork for Open Banking’s US Push
CFPB Lays Groundwork for Open Banking’s US Push
December 02, 2021  |  Banking

Open banking may have its roots across the pond, in the United Kingdom, but it’s fair to say the United States is quickly putting its...

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CFPB to Heavily Regulate Overdraft Fees From Banks
CFPB to Heavily Regulate Overdraft Fees From Banks
December 01, 2021  |  Regulation

The Consumer Finance Protection Bureau (CFPB) is making it so banks can’t charge fees to customers overdrawing checking accounts, the financial watchdog announced Wednesday (Dec....

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As CFPB Blasts Unfair Overdraft Fees, Capital One Says It’s Eliminating Them
As CFPB Blasts Unfair Overdraft Fees, Capital One Says It’s Eliminating Them
December 01, 2021  |  Banking

Well, that was fast. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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White House Mulling Former CFPB Director Richard Cordray as Fed Banking Regulator
White House Mulling Former CFPB Director Richard Cordray as Fed Banking Regulator
November 30, 2021  |  Bank Regulation

President Joe Biden is weighing whether to nominate attorney and former Consumer Financial Protection Bureau Richard Cordray as the Federal Reserve’s top banking regulator, people...

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