Consumer Financial Protection Bureau

PayPal Sues CFPB Over ‘Misleading’ Digital Wallet Disclosure Rules
PayPal Sues CFPB Over ‘Misleading’ Digital Wallet Disclosure Rules
December 12, 2019  |  Legal

PayPal has filed suit against the Consumer Financial Protection Bureau (CFPB), alleging that the agency has dismissed its arguments that digital wallets do not operate...

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Top News In Payments: CFPB Seeks Remittance Exemptions For Small Banks; Regulators Support Traditional Credit Evaluation Alternatives
Top News In Payments: CFPB Seeks Remittance Exemptions For Small Banks; Regulators Support Traditional Credit...
December 04, 2019  |  News

In today’s payments news, the Consumer Financial Protection Bureau (CFPB) has proposed to boost the number of smaller banks and credit unions (CUs) that would not be...

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BoA Cooperating With CFPB Probe Into Unauthorized Credit Card Accounts
BoA Cooperating With CFPB Probe Into Unauthorized Credit Card Accounts
September 18, 2019  |  Banking

In a civil investigation that recently came to light, the Consumer Financial Protection Bureau (CFPB) is looking into Bank of America as part of a...

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CFPB’s New Network Steps Up Financial Innovation Regulation
CFPB’s New Network Steps Up Financial Innovation Regulation
September 11, 2019  |  Consumer Finance

A network to better coordinate financial innovation among federal and state regulators is being launched by the Consumer Financial Protection Bureau (CFPB) in partnership with...

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Consumer Watchdog Warns Against Elder Financial Abuse
Consumer Watchdog Warns Against Elder Financial Abuse
July 17, 2019  |  Safety and Security

The Consumer Financial Protection Bureau (CFPB) is urging financial institutions to report any suspicions they may have about financial exploitation of elderly people, the organization...

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CFPB Sues Debt-Collection Agency Over Deception Allegations
CFPB Sues Debt-Collection Agency Over Deception Allegations
May 17, 2019  |  Legal

The Consumer Financial Protection Bureau (CFPB) said Friday (May 17) that it has filed a lawsuit in federal court against a debt-collection agency that, the agency...

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CFPB Sues Credit Repair Firms Over Upfront Fees
CFPB Sues Credit Repair Firms Over Upfront Fees
May 02, 2019  |  Legal

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against a credit repair firm, its subsidiaries and associates for asking customers to pay upfront...

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Rep. Maxine Waters Implores CFPB Employees To Report Wrongdoing
Rep. Maxine Waters Implores CFPB Employees To Report Wrongdoing
February 25, 2019  |  Regulation

California Representative Maxine Waters has written an open letter to employees of the Consumer Financial Protection Bureau (CFPB) and urged them to provide information and...

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BCFP, USAA Settle After Payment Violations
BCFP, USAA Settle After Payment Violations
January 03, 2019  |  Regulation

The Consumer Financial Protection Bureau (CFPB) announced on Thursday (Jan. 3) that it had reached a settlement with USAA Federal Savings Bank over allegations that...

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