CFPB

CFPB Sues Horizon Card Services, Alleging ‘Baiting and Gouging’ Consumers
CFPB Sues Horizon Card Services, Alleging ‘Baiting and Gouging’ Consumers
September 13, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sued Horizon Card Services and its CEO Robert Kane Friday (Sept. 13). The CFPB alleged that the company used...

READ MORE >
CFPB Bars Navient From Federal Student Loan Business
CFPB Bars Navient From Federal Student Loan Business
September 12, 2024  |  Regulation

Navient is exiting the federal student loan business as a regulator prepares to fine it $120 million. The company, formerly known as Sallie Mae, was...

READ MORE >
CFPB Orders TD Bank to Pay $28 Million For Misleading Consumer Reporting Agencies
CFPB Orders TD Bank to Pay $28 Million For Misleading Consumer Reporting Agencies
September 11, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) ordered TD Bank to pay about $28 million in redress and penalties, saying the bank provided consumer reporting agencies...

READ MORE >
CFPB Says Debt Collectors Try to Collect on Already-Paid Medical Bills
CFPB Says Debt Collectors Try to Collect on Already-Paid Medical Bills
September 05, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has found that debt collectors are using illegal tactics, and it is taking steps to ensure they follow consumer financial...

READ MORE >
SMBs, AI, and FinTech Partnerships Headline This Week in B2B
SMBs, AI, and FinTech Partnerships Headline This Week in B2B
August 29, 2024  |  B2B Payments

Businesses of all sizes are finding themselves at the crossroads of innovation and tradition. And they are choosing to embrace innovation rather than stand still...

READ MORE >
CFPB Seeks Developers’ Comments on Apple’s Rules on Tap-to-Pay Access
CFPB Seeks Developers’ Comments on Apple’s Rules on Tap-to-Pay Access
August 28, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is seeking public comment on Apple’s recently announced rules governing how financial companies and app developers offer tap-to-pay functionality on its...

READ MORE >
CFPB Report Shows Kroger, Dollar Tree and Others Charging Fees for Cash-Back Transactions
CFPB Report Shows Kroger, Dollar Tree and Others Charging Fees for Cash-Back Transactions
August 27, 2024  |  Consumer Finance

A new report released Tuesday (Aug. 27) from the U.S. Consumer Financial Protection Bureau (CFPB) sheds light on a growing trend: Major retailers are now...

READ MORE >
CFPB’s Small Business Lending Data Collection Rule Leaps Legal Hurdle
CFPB’s Small Business Lending Data Collection Rule Leaps Legal Hurdle
August 26, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) rule requiring lenders to gather demographic information about small business borrowers has leapt another legal hurdle.  A federal judge rejected...

READ MORE >
CFPB Launches Beta Platform for Small Business Lending Data Collection
CFPB Launches Beta Platform for Small Business Lending Data Collection
August 26, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) launched a beta platform for the small business lending data collection rule under section 1071 of the Dodd-Frank Act....

READ MORE >