Consumer Financial Protection Bureau

CFPB: Colleges Need to Protect Students From ‘Junk Fees’
CFPB: Colleges Need to Protect Students From ‘Junk Fees’
October 13, 2022  |  CFPB

America’s colleges have more work to do when it comes to protecting students from so-called “junk fees,” the Consumer Financial Protection Bureau (CFPB) said Thursday...

READ MORE >
TCH Outlines Best Practices for Spotting, Fixing P2P Errors
TCH Outlines Best Practices for Spotting, Fixing P2P Errors
October 04, 2022  |  Digital Payments

With any nascent payments offering, as consumers embrace new, digital means of transacting and volumes surge, regulations and guidelines take shape. Those rules lay out...

READ MORE >
CFPB Boss Racks Up Enforcements as Second Year Begins
CFPB Boss Racks Up Enforcements as Second Year Begins
September 30, 2022  |  CFPB

The head of the country’s consumer financial enforcement agency is closing out its first year at the helm showing banks, FinTechs, lenders, mortgage brokers and...

READ MORE >
Complaints to CFPB About Crypto Rose During Market Shakeup
Complaints to CFPB About Crypto Rose During Market Shakeup
September 30, 2022  |  Cryptocurrency

The Consumer Financial Protection Bureau (CFPB) has seen a surge in consumer complaints about cryptocurrency as the crypto market has turned more volatile. That’s according...

READ MORE >
US Chamber, Banking Groups Allege CFPB Overreaches on Discrimination Testing
US Chamber, Banking Groups Allege CFPB Overreaches on Discrimination Testing
September 28, 2022  |  CFPB

The U.S. Chamber of Commerce has joined several business organizations in suing the Consumer Financial Protection Bureau (CFPB), saying the agency is overstepping its bounds...

READ MORE >
CFPB Says Consumers at Risk From BNPL Over-Extension
CFPB Says Consumers at Risk From BNPL Over-Extension
September 15, 2022  |  Regulation

For buy now, pay later (BNPL), heady growth demands some new guardrails. The Consumer Financial Protection Bureau report, “Buy Now, Pay Later: Market trends and...

READ MORE >
FTC, CFPB File Amicus Brief Favoring Right to Dispute Credit Reports
FTC, CFPB File Amicus Brief Favoring Right to Dispute Credit Reports
September 14, 2022  |  Legal

Saying consumers must be allowed to dispute inaccuracies on their credit reports, the Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) have...

READ MORE >
Block ‘Disappointed’ After CFPB Said It Slow-Rolled Cash App Probe
Block ‘Disappointed’ After CFPB Said It Slow-Rolled Cash App Probe
August 19, 2022  |  CFPB

A Block spokesperson told PYMNTS Friday (Aug. 19) that the company is “disappointed” that the Consumer Financial Protection Bureau (CFPB) has filed a petition for...

READ MORE >
CFPB Provides Guidance to Other Agencies on Data Security Enforcement
CFPB Provides Guidance to Other Agencies on Data Security Enforcement
August 11, 2022  |  CFPB

Saying financial companies that fail to safeguard consumer data may be violating federal law, the Consumer Financial Protection Bureau (CFPB) has published guidance on the...

READ MORE >