Consumer Financial Protection Bureau (CFPB) Federal Trade Commission FTC 
PYMNTS
MARCH 6, 2019
The Federal Trade Commission (FTC) has requested comment on the proposed amendments of two rules that protect the privacy and security of customer data held by financial institutions (FIs). The proposed changes are related to the Safeguards Rule and the Privacy Rule under the Gramm-Leach-Bliley Act.
PYMNTS
JULY 20, 2020
The Consumer Financial Protection Bureau (CFPB) has recorded record-high numbers of complaints every month since the pandemic hit in mid-March, according to a press release from the U.S. In related news, the Federal Trade Commission (FTC) reported that its top complaint has been fraud, according to a PYMNTS report.
PYMNTS
MARCH 3, 2020
president has the authority to fire the leader of the Consumer Financial Protection Bureau (CFPB), which was formed after the financial crisis, according to the Financial Times. The CFPB was founded in 2010. The Supreme Court heard arguments about whether a sitting U.S.
PYMNTS
MAY 25, 2018
Sources familiar with the matter said that the Retail Industry Leaders Association (RILA) met with the Federal Trade Commission (FTC) and the Federal Reserve this week to talk about those concerns, with representatives from Walmart, Home Depot, Walgreens Boots Alliance Inc. and Target , among others, in attendance.
Global Fintech & Digital Assets
DECEMBER 21, 2023
BNPL in US, UK, and EU Regulators’ Sights The Consumer Financial Protection Bureau (CFPB) has been actively monitoring BNPL activity in the consumer finance marketplace for some time now.
PYMNTS
MARCH 27, 2018
Debt collectors have been the second-leading major generator of consumer complaints since the Consumer Financial Protection Bureau (CFPB) added them as an area that consumers could log complaints against in June 2013. But the ill-will toward debt collection in the U.S.
PYMNTS
NOVEMBER 14, 2018
both the Consumer Financial Protection Bureau ( CFPB ) and the Federal Trade Commission ( FTC ) have highlighted issues surrounding payday loans, an industry now worth an estimated $46 billion — with payday lenders making $7 billion a year in fees alone, according to the Pew Charitable Trusts.
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