PYMNTS

SEPTEMBER 18, 2017

has strongly hinted that the agency she birthed in 2008 and opened for business in 2011 — the Consumer Financial Protection Bureau (CFPB) — should be given the authority to do even more. The CFPB reported that the average number of monthly complaints received about credit reporting issues was 3,523. The Credit Score.

Regulations 81

Regulations CFPB Database Consumer Financial Protection Bureau (CFPB) 81

Payments Source

JULY 19, 2019

The agreement with authorities including the Federal Trade Commission and state attorneys general — and possibly the Consumer Financial Protection Bureau — may be announced as soon as Monday.

Federal Trade Commission 81

Federal Trade Commission Data Breach Settlement Breach 81

Fintech Labs Insights

MARCH 29, 2016

It’s hard to imagine that the CFPB–who isn’t actually tasked with enforcing information safeguarding (Congress left that with the FTC)–would impose civil fines on a company for safeguarding representations, when the company in question didn’t have a data breach. __. Guest post by Erica A.N. Kramer and Justin B. Hosie*. __.

CFPB 16

CFPB Data Security Security Data Breach 16

Clearly Payments

FEBRUARY 8, 2024

Consumer Financial Protection Bureau (CFPB): Established in response to the 2008 financial crisis, the CFPB is tasked with protecting consumers in the financial marketplace. It formulates policies, provides services, and conducts research to promote the safety, efficiency, and accessibility of payment systems.

Regulations 105

Regulations Electronic Fund Transfer Act (EFTA) Federal Reserve Electronic Funds Transfer (EFT) 105

PYMNTS

AUGUST 19, 2019

Per the terms of the executive order, the Federal Trade Commission (FTC) will be asked to open a public complaint docket and to work with the FCC to investigate how these companies operate their platforms. CFPB and Payday Lending. In the UK, Too. August 19 is here, and a deadline comes and goes. District Judge Lee Yeakel.

CFPB 51

CFPB Federal Trade Commission FTC Regulations 51

PYMNTS

JANUARY 19, 2021

As reported, President-elect Joe Biden nominated Rohit Chopra , a commissioner at the Federal Trade Commission (FTC), to lead the Consumer Financial Protection Bureau (CFPB), replacing Kathy Kraninger as director (who remains in her post in a term that technically runs through 2023, but is likely to be replaced by Biden).

CFPB 57

CFPB Consumer Financial Protection Bureau (CFPB) Federal Trade Commission FTC 57

PYMNTS

JULY 23, 2018

A bit of pun there, but the Federal Trade Commission (FTC) — in the wake of the $5 billion fine via the European Union (EU), centered on the Android operating system and antitrust violations — is looking at the matter, too. As noted late last week, FTC Chairman Joseph Simons said to U.S. CFPB Pick Faces Scrutiny On The Hill.

Regulations 40

Regulations Risk Federal Trade Commission CFPB 40

PYMNTS

JANUARY 3, 2017

If asked in September about what kind of year 2017 was going to be, CFPB officials most likely would have spoken mostly about their ongoing plans to make the world a better place for consumers. 8 when Donald Trump — an avowed opponent of Dodd-Frank, which gave the CFPB its life — actually won the White House. Dismantling Dodd-Frank.

CFPB 41

CFPB Federal Reserve FTC Reconciliation 41

PYMNTS

SEPTEMBER 28, 2018

According to an executive order signed by President Donald Trump, the new task force is led by the Justice Department and consists of agencies including the Securities and Exchange Commission (SEC), the Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB).

Consumer Financial Protection Bureau (CFPB) 76

Consumer Financial Protection Bureau (CFPB) Money Laundering Law Enforcement Federal Trade Commission 76

PYMNTS

NOVEMBER 28, 2017

Wherever you might come down on the current controversy over who’s really in charge at the CFPB, you have to admit it’s driven no shortage of headlines. Some of our favorites: “ Shootout at The CFPB Corral ”, “ Who’s the Boss ” and “…Two Acting Directors Show Up To Take Command; One Brings Doughnuts, The Other Well-Wishes.”.

CFPB 40

CFPB NOV Legal Rules 40