Consumer Financial Protection Bureau (CFPB)

55 results about this entity

Period: 12 Sep 2019 - 21 Nov 2024

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Debt collectors can now slide into Americans' DMs

The Consumer Financial Protection Bureau has introduced rules that allow debt collectors to email, text and direct message people on social media to seek payments for unpaid debts.

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US consumer watchdog probes Big Tech's use of payment data

The US Consumer Financial Protection Bureau (CFPB) has ordered Amazon, Apple, Facebook, and Google to hand over information on their payment system plans so that it can see how they gather and use customer data.

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White House encourages CFPB to roll out bank data sharing rules

President Joe Biden is encouraging the Consumer Financial Protection Bureau (CFPB) to issue rules allowing customers to download their banking data and take it with them.

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PayActiv wins CFPB approval for earned wages access programme

The Consumer Financial Protection Bureau today issued a groundbreaking approval order (Approval) confirming that Payactiv's Earned Wage Access (EWA) Program is not credit and therefore is exempt from the federal Truth in Lending Act (TILA) and Regulation Z rules governing creditors.

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Judge backs PayPal over CFPB in prepaid card case

A US federal judge has sided with PayPal in a lawsuit brought against the Consumer Financial Protection Bureau (CFPB) over recently introduced rules on prepaid cards and digital wallets.

US regulators approve alternative data to assess creditworthiness

Federal banking regulators in the US have given their support to the use of the alternative data other than traditional credit scores in determining creditworthiness.

CFPB partners state regulators on innovation network

America's Consumer Financial Protection Bureau (CFPB) is teaming up with several state regulators to launch a network that helps them coordinate better on financial innovation.