CFPB

New California Consumer Law Could Regulate SMB Loans
New California Consumer Law Could Regulate SMB Loans
September 03, 2020  |  Regulation

California’s new law expanding financial watchdog powers includes a provision that could help protect small business borrowers by making it easier to regulate small business...

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How FinTech Can Disrupt A Payday Lending Industry That No One Likes Anyway
How FinTech Can Disrupt A Payday Lending Industry That No One Likes Anyway
August 31, 2020  |  Alternative Credit

The death of U.S. payday lending has long been forecast, as opponents complain that short-term, high-interest loans offer consumers little more than an opportunity to...

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TD Bank Agrees To Pay $122M In CFPB Overdraft Case
TD Bank Agrees To Pay $122M In CFPB Overdraft Case
August 20, 2020  |  CFPB

TD Bank has agreed to pay some $122 million to settle a case with the Consumer Finance Protection Bureau involving allegedly illegal overdraft practices, according...

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California Proposes Financial Watchdog Agency
California Proposes Financial Watchdog Agency
August 17, 2020  |  CFPB

California is expected to create a financial protection watchdog agency by month’s end. Get the Full Story Complete the form to unlock this article and...

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Rep. Waters Slams CFPB Chief For ‘Betraying Consumers’
Rep. Waters Slams CFPB Chief For ‘Betraying Consumers’
July 30, 2020  |  Regulation

The chairwoman of the House Committee on Financial Services unleashed a withering attack on the Consumer Financial Protection Bureau (CFPB) on Thursday (July 30), accusing...

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Consumer Financial Protection Bureau Seeks Advice On Financial Data Access
Consumer Financial Protection Bureau Seeks Advice On Financial Data Access
July 26, 2020  |  CFPB

The nation’s consumer protection agency is seeking input on rule changes to third-party access to individual financial records. Get the Full Story Complete the form...

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Today In Payments: Auto Insurance Now Available On Amazon India; Airbnb Offered Novel Way To Go Public
Today In Payments: Auto Insurance Now Available On Amazon India; Airbnb Offered Novel Way To...
July 23, 2020  |  News

In today’s top news, Amazon will soon offer auto insurance in India, and Airbnb has been approached to merge with a blank-check acquisition company. Plus,...

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Google, CFPB Team On Housing, Mortgage Search ‘Experience’
Google, CFPB Team On Housing, Mortgage Search ‘Experience’
July 22, 2020  |  Real Estate

First-time home buyers and homeowners seeking to refinance have been busy online this year. Get the Full Story Complete the form to unlock this article...

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Today In Payments: Adevinta To Buy eBay’s Classifieds Unit; Panel To Review UK’s FinTech Sector 
Today In Payments: Adevinta To Buy eBay’s Classifieds Unit; Panel To Review UK’s FinTech Sector 
July 21, 2020  |  News

In today’s top news, Adevinta agrees to buy eBay’s classifieds division for $9.2 billion, and an independent panel plans to review the U.K.’s FinTech sector....

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