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Discover all the Company news on CFPB and other articles related to CFPB in The Paypers News, Reports, and insights on the payments and fintech industry:

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The Bank Policy Institute and Kentucky Bankers Association sue CFPB

News | Digital Identity, Security & Online Fraud | 24 Oct 2024

The Bank Policy Institute and Kentucky Bankers Association have filled a lawsuit against CFPB for jeopardising customers’ privacy and account security with its new rule. 

fraud prevention, fraud management, fraud detection, Account fraud, data privacy

CFPB finalises personal financial data rights rule for more choice in financial services

News | Online & Mobile Banking | 22 Oct 2024

The Consumer Financial Protection Bureau has finalised a rule that will give US consumers optimised rights, privacy, and security over their personal financial data.

regulation, Open Banking, Open Finance, banking, financial services, financial institutions

Financial regulatory agencies propose data standards rule

News | Digital Identity, Security & Online Fraud | 05 Aug 2024

The CFPB has joined other federal financial regulatory agencies in proposing a rule to establish data standards for certain information collections submitted to these agencies.

regulation, compliance, data protection, financial institutions

CFPB establishes rules for standard-setting bodies

News | Online & Mobile Banking | 10 Jun 2024

The Consumer Financial Protection Bureau (CFPB) has finalised a rule detailing the requirements for becoming a recognised industry standard-setting body.

financial services, regulation, compliance, data protection

Federal control to be applied on BNPL returns and disputes

News | Online Payments | 23 May 2024

The Consumer Financial Protection Bureau (CFPB) has issued an interpretive rule to ensure federal control over Buy Now, Pay Later (BNPL) returns and disputes in the US. 

BNPL, payments , payment methods, regulation, credit card

Supreme Court upholds CFPB funding structure

News | Digital Identity, Security & Online Fraud | 17 May 2024

The Supreme Court has upheld the funding structure of CFPB, rejecting a challenge that could have significantly impacted the agency's operations.

regulation, compliance, financial services, data protection

CFPB proposes Open Banking rule in the US

News | Online & Mobile Banking | 20 Oct 2023

The Consumer Financial Protection Bureau (CFPB) has proposed a Personal Financial Data Rights rule set to expedite the shift to Open Banking in the US and jumpstart competition.

regulation, Open Banking, financial data, fintech, Open Data Economy, data sharing