PYMNTS

JUNE 4, 2018

The Consumer Financial Protection Bureau (CFPB) said this past week that it is linking up with the Commodity Futures Trading Commission, eyeing a regulatory sandbox for FinTech firms. The sandbox is getting a bit bigger — the regulatory kind, that is.

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CFPB Consumer Financial Protection Bureau (CFPB) Regs Office of the Comptroller of the Currency 47

PYMNTS

SEPTEMBER 12, 2018

regulators turn down its plan to pay back customers who purchased auto insurance they didn’t need. In June, Wells Fargo submitted the plan to regulators as part of a $1 billion settlement it reached with the CFPB and the OCC. Reuters noted that there is no deadline for when the regulators need to sign off on the plan.

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Consumer Financial Protection Bureau (CFPB) Office of the Comptroller of the Currency OCC CFPB 40

PYMNTS

JULY 19, 2018

People familiar with the matter told WSJ that the Consumer Financial Protection Bureau (CFPB) is investigating the incident and is looking into whether customers were tricked and whether they had the ability to cancel the services. She added that the bank is “working with our regulators on the ongoing review.”.

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Consumer Financial Protection Bureau (CFPB) Office of the Comptroller of the Currency Product CFPB 40

PYMNTS

NOVEMBER 27, 2017

The Consumer Financial Protection Bureau (CFPB) is gearing up to sue Spain-based Santander Bank, claiming the bank has overcharged its car loan customers. Citing sources familiar with the CFPB’s plans, Reuters reported that the CFPB suit could happen as soon as Monday (Nov. military.

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CFPB Consumer Financial Protection Bureau (CFPB) Office of the Comptroller of the Currency Product 40

PYMNTS

APRIL 20, 2018

As the head of the CFPB, he has halted all new actions, postponed increased regulation on the payday lending market and dropped lawsuits against companies in that space. He has been an outspoken critic of the government watchdog — and as a congressman, he wanted the agency dismantled.

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OCC CFPB Consumer Financial Protection Bureau (CFPB) Office of the Comptroller of the Currency 40

Innovative Payments Association

FEBRUARY 24, 2025

The IPA has heard that the Bureau has retained most of its rule writing staff and will begin looking at the regulations or proposals which have not been finalized that are on the books today to see what needs to be changed , clarified, or revoked. It also likely will refocus its efforts on the housing market and going after bad actors.

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Consumer Financial Protection Bureau (CFPB) Office of the Comptroller of the Currency FDIC CFPB 40

PYMNTS

MAY 24, 2018

The Office of the Comptroller of the Currency (OCC) issued a new guidance encouraging banks to offer responsible short-term, small-dollar loans to their customers. The guidance did not change any regulation, but clarified the regulator’s stance on the loans, Reuters reported.

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OCC Consumer Financial Protection Bureau (CFPB) Office of the Comptroller of the Currency FDIC 40

PYMNTS

MARCH 10, 2020

Chairwoman Waters highlighted the fact that the OCC has pointed to tens of thousands of cases requiring remediation for consumer abuse. He said in his testimony that the business model had been flawed. Scharf said there was “an enormous amount of resources working on it … I cannot give you a timeframe.”.

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Consumer Financial Protection Bureau (CFPB) Accounts Office of the Comptroller of the Currency OCC 52

Global Fintech & Digital Assets

DECEMBER 21, 2023

The OCC outlines safety and soundness principles and appropriate risk management processes for its regulated institutions that engage in BNPL lending. 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.

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OCC BNPL Electronic Fund Transfer Act (EFTA) Federal Trade Commission 59

PYMNTS

AUGUST 1, 2018

The proposed changes include moving the collection and storage of small business lending data, required under the Dodd-Frank Act , from the Consumer Financial Protection Bureau (CFPB) to the Office of Financial Research (OFR). Suggestions included that the U.S.

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Small Business Consumer Financial Protection Bureau (CFPB) Office of the Comptroller of the Currency CFPB 40

Global Fintech & Digital Assets

JANUARY 12, 2024

Long , Parag Patel , Barrie VanBrackle , Pia Naib , and Deric Behar On December 14, 2023, a bipartisan group of senators introduced the Fair Audits and Inspections for Regulators’ Exams Act (FAIR Exams Act), which seeks to increase transparency in the bank examination process. By Arthur S.

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FFIEC Process FRB Consumer Financial Protection Bureau (CFPB) 52

The Fintech Times

JULY 20, 2024

Some highlights include establishing a common lexicon that may be used by financial institutions and regulators in discussions regarding cloud. Our work will help protect the financial industry from outages in addition to disruption by levelling the playing field between financial firms of all sizes and big cloud service providers.”

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Treasury FS-ISAC Consumer Financial Protection Bureau (CFPB) Due Diligence 59

Clearly Payments

FEBRUARY 8, 2024

To ensure the smooth operation of this system and protect the interests of all stakeholders, a robust regulatory framework is in place. This article aims to provide an in-depth overview of the key regulatory organizations, payment regulations, and prevailing trends that shape payment regulation in the USA.

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

FICO

JULY 17, 2017

These include eliminating the proprietary trading restrictions of the ‘Volcker’ Rule, major changes to the Financial Stability Oversight Council and the diminished authority and independence of the Consumer Financial Protection Bureau (CFPB). Is there any hope for financial regulatory reform?

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Consumer Financial Protection Bureau (CFPB) Office of the Comptroller of the Currency CFPB Financial Crimes 40