Latest developments from the CFPB (Consumer Financial Protection Bureau), regulator of consumer protection actions among financial institutions and other organizations.
Changes to clarify what will be disclosed to the public when the Consumer Financial Protection Bureau (CFPB) designates a nonbank entity for supervision, and more time for such entity to weigh in on such disclosure, […]
A complaint bulletin that highlights consumer complaints and discusses fraud risks related to crypto-assets was issued Thursday by the Consumer Financial Protection Bureau (CFPB). “Our analysis of consumer complaints suggests that bad actors are leveraging […]
Inadequate investigatory practices of consumer credit reporting companies and information furnishers in dealing with consumer reporting disputes could draw state or federal law enforcement action under the Fair Credit Reporting Act (FCRA), the Consumer Financial […]
Two questions about large technology firms’ penalty practices and acceptable use policies are out for comment until Dec. 7 as part of the consumer financial protection agency’s inquiry launched in October 2021. The Consumer Financial […]
Title: Notice and Request for Comment Regarding the CFPB’s Inquiry Into Big Tech Payment Platforms Subject: Payments/big tech Agency: CFPB Status: Notice and request for comment Summary: On October 21, 2021, the Consumer Financial Protection […]
More input from the public on large technology firms’ use and policies surrounding the huge amounts of consumer data they hold will be accepted by the Consumer Financial Protection Bureau (CFPB) for 30 days following […]
The federal agency charged with consumer financial protection on Thursday said it’s taking a step forward toward an eventual rulemaking on consumers’ access to their financial data, as authorized by the 2010 Dodd-Frank Wall Street […]
A recent federal consumer financial protection agency advisory opinion that highlights credit reporting agencies’ duty under the Fair Credit Reporting Act (FCRA) to assure maximum possible accuracy in consumer credit reports – free of “junk” […]
Title: Fair Credit Reporting; Facially False Data Subject: FCRA Agency: CFPB Status: Advisory opinion Summary: The Consumer Financial Protection Bureau (Bureau) is issuing this advisory opinion to highlight that a consumer reporting agency that does […]
Banks charging so-called “surprise” overdraft and depositor fees can avoid violations of rules by following guidance issued by the federal consumer financial protection agency, it said Wednesday. The Consumer Financial Protection Bureau (CFPB) said it […]
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