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[ad_1] Chime Financial was fined $3.25 million by the Consumer Financial Protection Bureau today as the digital bank has failed to give timely consumer refunds. According...
[ad_1] Consumer Financial Protection Bureau Director Rohit Chopra released an update today on the bureau’s Personal Financial Data Rights rule-sharing based on his remarks given March...
[ad_1] CFPB Proposes Rule to Limit Overdraft Fees The Consumer Financial Protection Bureau (CFPB) has proposed a rule to limit excessive overdraft fees charged by the...
[ad_1] Data protection protocols were among the top concerns raised after the Consumer Financial Protection Bureau gave consumers and the industry until Dec. 29 to respond...
[ad_1] Thirteen years is a long time to wait for rules implementing open banking in the U.S. We should wait a little longer and get it...
[ad_1] CFPB Targets Bank Overdraft Fees The Consumer Financial Protection Bureau (CFPB) is preparing to make it much harder for banks to charge clients overdraft fees....
[ad_1] Open banking regulation is in the works — finally. The Consumer Financial Protection Bureau (CFPB) announced in October 2022 a plan to propose a rule...
[ad_1] The Consumer Financial Protection Bureau proposed a new rule today that would subject large nonbank companies, including digital wallet providers and payments apps, to undergo...
[ad_1] While the Consumer Financial Protection Bureau plans to step up enforcement action in the lending sector, the federal watchdog has yet to implement measures laid out in...
[ad_1] The Consumer Financial Protection Bureau has doubled down on adverse action requirements for lenders using AI-based underwriting with new guidance, marking a shift in tone from its...
[ad_1] Rohit Chopra, director of the Consumer Financial Protection Bureau said the agency is poised to propose a rule that would “ensure that modern-day data brokers...
[ad_1] Financial institutions must consider the efficiencies and limitations of artificial intelligence when deploying chatbots as client adoption grows and regulators address pain points of the...
[ad_1] Rohit Chopra, director of the Consumer Financial Protection Bureau, faces increased scrutiny and potential congressional hearings a data breach by a now-fired bank examiner who...
[ad_1] The collapse of Silicon Valley Bank sent shockwaves through the global economy and had the makings of another crisis. Depositors raced to withdraw money. Banks...
[ad_1] WASHINGTON — The Consumer Financial Protection Bureau is plowing ahead with a busy enforcement agenda despite a cloud of uncertainty hanging over it from the...
[ad_1] Credit card late fees could drop dramatically under a proposal expected to be released soon by the Consumer Financial Protection Bureau. Some analysts are predicting...
[ad_1] The combination of today’s uncertain macroeconomic conditions and the Consumer Financial Protection Bureau’s new open banking rule coming this year has consumers wanting quick access...
[ad_1] Seven consumer advocacy groups asked a federal court to dismiss a lawsuit filed by the U.S. Chamber of Commerce against the Consumer Financial Protection Bureau,...
[ad_1] The Consumer Financial Protection Bureau (CFPB) plans to propose a new open banking rule in 2023 requiring financial institutions to share consumer data upon consumers’...