Tag: cfpb

VyStar Credit Union has been fined $1.5m by the CFPB following a problematic rollout of its online banking system, which impacted member access and financial operations.

The CFPB has announced a new rule aimed at increasing transparency around paycheck advance products, also known as "earned wage" products.

In the ever-evolving landscape of regulatory requirements, businesses are compelled to reassess how they manage compliance and conduct risks. A proactive approach is necessary, not only to understand the regulations but to anticipate their impacts on operations. Implementing a standardized methodology supported by AI allows businesses to prepare for regulatory changes effectively, ensuring compliance is both consistent and scalable.

Navigating the complexities of the Consumer Financial Protection Bureau's (CFPB) Section 1071 rule is crucial for financial institutions across the United States.

The CFPB has made a move to bring larger nonbank entities, such as Big Tech companies offering digital wallets and payment apps, under its supervisory scope.

The Consumer Financial Protection Bureau (CFPB) recently disclosed its report to Congress on the consumer credit card market for 2022.

The Consumer Financial Protection Bureau (CFPB) has introduced a proposal for the Personal Financial Data Rights rule.

The CFPB has unveiled ambitious amendments to the FCRA that would redefine the rules for data brokers, furnishers, and end users.

The CFPB has warned users of non-bank payment apps about the risk to their funds due to lack of federal deposit insurance coverage.

The Consumer Financial Protection Bureau (CFPB) has proposed a rule to curb excessive credit card fees that cost US families around $12bn a year.