Consumer Financial Protection Bureau (CFPB)

47 results about this entity

Period: 12 Sep 2019 - 14 Aug 2024

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US Chamber of Commerce files suit against CFPB over late card fees

The US Chamber of Commerce has filed a lawsuit against the Consumer Financial Protection Bureau (CFPB) to stop it from implementing a rule to limit late credit card fees.

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CFPB caps credit card late fees

The Consumer Financial Protection Bureau (CFPB) finalized a rule today to cut excessive credit card late fees by closing a loophole exploited by large card issuers.

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CFPB takes on non-sufficient fund fees

America's Consumer Financial Protection Bureau (CFPB) has proposed a rule that would stop banks charging non-sufficient fund fees for transactions that are declined in real time.

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Big Tech firms begin fight back over regulatory oversight of digital wallets

A US lobby group representing the interests of Big Tech firms has hit out at proposals by the Consumer Financial Protection Bureau to regulate tech giants such as Apple and Google that offer digital payment apps and wallets.

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CFPB urged to strengthen open banking data protection safeguards

The Consumer Financial Protection Bureau's planned new open banking rules do not go far enough to protect consumer data, say two industry groups.

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CFPB proposes oversight of Big Tech digital wallets

The Consumer Financial Protection Bureau (CFPB) wants to regulate tech giants such as Apple and Google that offer digital payment apps and wallets.

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Remittance app Sendwave hit with CFPB penalty

The Consumer Financial Protection Bureau has slapped the operator of remittance app Sendwave with a $1.5 million penalty for deceiving users about the costs and speed of international transfers.

/payments

CFPB: Credit card companies charged consumers more than $130 billion in interest and fees in 2022

The Consumer Financial Protection Bureau (CFPB) today released its biennial report to Congress on the consumer credit card market.

/startups

Open banking startup Prism Data raises $5m

Prism Data, the US open banking outfit that span out from Petal earlier this year, has raised $5 million in seed funding.

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CFPB accelerates US open banking with new data rule

The Consumer Financial Protection Bureau (CFPB) has proposed its long-awaited open banking rule in the hopes of improving competition in the US banking and payments sector.

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CFPB takes aim at bank 'junk fees'

The Consumer Financial Protection Bureau (CFPB) is warning America's large banks about the practice of charging so-called junk fees for basic customer services like the provision of account information.

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CFPB takes aim at Apple over NFC chip access

The Consumer Financial Protection Bureau (CFPB) has fired a shot across Apple's bows over the tech giant's policy of restricting access to the NFC chip technology that enables iPhone users to make payments.