Addressing Disputes UDAAP 
PYMNTS
SEPTEMBER 22, 2017
The company’s shares have fallen more than 30 percent since the hack, which exposed consumer names, Social Security numbers, birthdates, addresses and, in some cases, drivers’ license numbers. The company also reported 209,000 U.S. The Equifax leak – and the company’s response to it – has sparked outrage among U.S.
PYMNTS
JANUARY 27, 2020
In the most recent news late last week, the CFPB said it would change the way it defines and addresses “ abusive ” practices within the financial services arena. In essence, the change means that the agency is limiting how it can pursue such practices, which fall under a standard known as “Unfair or Deceptive Acts or Practices” (UDAAP).
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