Consumer Financial Protection Bureau (CFPB)

47 results about this entity

Period: 12 Sep 2019 - 14 Aug 2024

/regulation

CFPB strengthens data privacy and cybersecurity with new rules

The Consumer Financial Protection Bureau (CFPB) has rolled out new regulations on cyber security and data privacy under the Fair Credit Reporting Act.

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CFPB invokes old rule to examine fintech risks

The Consumer Financial Protection Bureau (CFPB) is invoking a little-used legal provision to let it examine the fast-growing number of nonbank fintechs that could pose a risk to Americans.

/payments

CFPB sues MoneyGram

MoneyGram is preparing to fight what it calls a "baseless" Consumer Financial Protection Bureau (CFPB) and New York Attorney General lawsuit accusing the money transfer giant of "leaving families high and dry".

/regulation

CFPB hauls in five BNPL firms to kickstart inquiry

The US Consumer Financial Protection Bureau (CFPB) has launched an inquiry into the buy now, pay later market amid concerns about accumulating debt levels and data harvesting by vendors.

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Debt collectors can now slide into Americans' DMs

The Consumer Financial Protection Bureau has introduced rules that allow debt collectors to email, text and direct message people on social media to seek payments for unpaid debts.

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US consumer watchdog probes Big Tech's use of payment data

The US Consumer Financial Protection Bureau (CFPB) has ordered Amazon, Apple, Facebook, and Google to hand over information on their payment system plans so that it can see how they gather and use customer data.

/regulation

White House encourages CFPB to roll out bank data sharing rules

President Joe Biden is encouraging the Consumer Financial Protection Bureau (CFPB) to issue rules allowing customers to download their banking data and take it with them.

/regulation

PayActiv wins CFPB approval for earned wages access programme

The Consumer Financial Protection Bureau today issued a groundbreaking approval order (Approval) confirming that Payactiv's Earned Wage Access (EWA) Program is not credit and therefore is exempt from the federal Truth in Lending Act (TILA) and Regulation Z rules governing creditors.

/regulation

Judge backs PayPal over CFPB in prepaid card case

A US federal judge has sided with PayPal in a lawsuit brought against the Consumer Financial Protection Bureau (CFPB) over recently introduced rules on prepaid cards and digital wallets.

US regulators approve alternative data to assess creditworthiness

Federal banking regulators in the US have given their support to the use of the alternative data other than traditional credit scores in determining creditworthiness.

CFPB partners state regulators on innovation network

America's Consumer Financial Protection Bureau (CFPB) is teaming up with several state regulators to launch a network that helps them coordinate better on financial innovation.