CFPB

Democrats Introduce Credit Freeze Bill In Response To Equifax Leak
Democrats Introduce Credit Freeze Bill In Response To Equifax Leak
September 15, 2017  |  CFPB

After the Equifax data breach that exposed the personal information of around 143 million consumers, Democrats have introduced a bill to give consumers the ability...

READ MORE >
CFPB Issues No-Action Letter To Upstart Network
CFPB Issues No-Action Letter To Upstart Network
September 15, 2017  |  Marketplace Lending Platform

The Consumer Financial Protection Bureau issued a no-action letter to Upstart Network, the first of its kind since the government watchdog created the no-action letter...

READ MORE >
CFPB Gets $14M In Relief For Deceived Consumers Since Start Of Year
CFPB Gets $14M In Relief For Deceived Consumers Since Start Of Year
September 13, 2017  |  Bank Regulation

The Consumer Financial Protection Bureau announced Tuesday (Sept. 12) that recent supervisory actions resulted in $14 million in relief to more than 104,000 consumers from...

READ MORE >
TCF Bank Sees Partial Ruling In Its Favor In Overdraft Fees Case Lodged by CFPB
TCF Bank Sees Partial Ruling In Its Favor In Overdraft Fees Case Lodged by CFPB
September 12, 2017  |  Bank Regulation

Late last week, regional bank TCF Financial Corporation saw a judge dismiss some of the claims lodged against it by the Consumer Financial Protection Bureau....

READ MORE >
Could Equifax Be The Unexpected (And Unwilling) Savior Of The Arbitration Rule?
Could Equifax Be The Unexpected (And Unwilling) Savior Of The Arbitration Rule?
September 12, 2017  |  CFPB

One week ago, the CFPB’s arbitration rule seemed more or less doomed to the scrap heap of financial regulatory history. Although it was approved in final...

READ MORE >
CFPB Dings Zero Parallel For Steering Consumers To Predatory Payday Lenders
CFPB Dings Zero Parallel For Steering Consumers To Predatory Payday Lenders
September 07, 2017  |  CFPB

California-based Zero Parallel LLC has been hit with a $100,000 fine by the CFPB, which accuses it of intentionally steering customers toward predatory payday lenders. Zero...

READ MORE >
Library Asks Patrons To Stop Paying Fines With Chuck E. Cheese Coins
Library Asks Patrons To Stop Paying Fines With Chuck E. Cheese Coins
September 04, 2017  |  Payment Methods

Paying via coins is all the rage these days, thanks to the skyrocketing price of bitcoin, but paying in Chuck E. Cheese tokens is taking...

READ MORE >
Labor Day Edition — American Express, Pizza Wars And Wells Fargo
Labor Day Edition — American Express, Pizza Wars And Wells Fargo
September 04, 2017  |  Data Dive

Today, nationwide, Americans are celebrating the joys of hard work and earning an honest day’s living by sleeping late, going one last time to the beach...

READ MORE >
Judge Tosses The CFPB’s Case Against Global Payments
Judge Tosses The CFPB’s Case Against Global Payments
August 31, 2017  |  CFPB

Noting that the CFPB had “blatantly” ignored his directions, a federal judge in Atlanta has officially dismissed the case against Atlanta-based payment processor Global Payments and...

READ MORE >