Consumer Financial Protection Bureau News

You have clicked on Consumer Financial Protection Bureau

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

Discover all the Company news on Consumer Financial Protection Bureau and other articles related to Consumer Financial Protection Bureau

read more
read less

Found 9 results in 1 second.

CFPB and EU commence talks on consumer finance

News | Payments General | 12 Apr 2024

The Consumer Financial Protection Bureau and the EU have initiated a dialogue on consumer finance, addressing Big Tech, digital payments, and AI.

financial services, artificial intelligence, bigtech, digital payments

CFPB lowers credit card late fees to USD 8

News | Online & Mobile Banking | 08 Mar 2024

The Consumer Financial Protection Bureau has finalised a rule that bans excessive credit card late fees, lowering typical fees from USD 32 to USD 8. 

regulation, credit card, credit card fraud, payments , online payments, ecommerce, banking

CFPB targets fees on real-time transaction declines

News | Online & Mobile Banking | 26 Jan 2024

The Consumer Financial Protection Bureau has proposed new rules to block FIs from adding fees on transactions declined right at the swipe, tap, or click. 

regulation, compliance, financial institutions, transactions

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

CFPB issues guidance to eliminate confusing subscription practices

News | Payments General | 20 Jan 2023

The Consumer Financial Protection Bureau (CFPB) has addressed patterns and other tricks companies use to confuse and deceive consumers enrolled in subscriptions.

subscription payments, subscription economy, compliance, regulation, fraud prevention

CFPB to move forward with Open Banking rule

News | Online & Mobile Banking | 27 Oct 2022

The US Consumer Financial Protection Bureau (CFPB) has announced it will move forward with an Open Banking rule.

Open Banking, financial services, financial institutions, transactions , data

Goldman Sachs' credit card unit investigated by US watchdog

News | Payments General | 08 Aug 2022

US-based Goldman Sachs has announced its credit card unit is under investigation by the Consumer Financial Protection Bureau, a federal agency tasked with protecting US citizens from financial abuse.

credit card, spam and abuse, data analytics, data protection

US national trade groups petition CFPB for data aggregation

News | Online & Mobile Banking | 04 Aug 2022

Eight US national trade groups have petitioned the Consumer Financial Protection Bureau (CFPB) to initiate a rulemaking to strengthen the privacy and security of consumer financial data held by fintechs, bigtech, and data aggregators, the official press release states.

regulation, data aggregation, Open Banking

CFPB to promote competition and innovation in consumer finance

News | Online & Mobile Banking | 26 May 2022

The Consumer Financial Protection Bureau (CFPB) has opened the Office of Competition and Innovation to help spur innovation in financial services by promoting competition and identifying stumbling blocks for new market entrants.

Open Banking, regulation, bigtech, banks, fintech