Global Fintech & Digital Assets

DECEMBER 18, 2023

By Jenny Cieplak , Parag Patel , Barrie VanBrackle , and Deric Behar On November 7, 2023, the Consumer Financial Protection Bureau (CFPB) proposed a rule, Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications (the Proposal), to supervise large providers of digital wallets and payment apps.

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CFPB Regulations Consumer Financial Protection Bureau (CFPB) Non-Bank 75

PYMNTS

APRIL 24, 2019

The Consumer Financial Protection Bureau (CFPB) has announced changes to policies on Civil Investigative Demands (CIDs), which are investigational subpoenas issued by the CFPB. The Consumer Financial Protection Act of 2010 authorizes the CFPB to issue CIDs when looking into potential violations of the law.

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CFPB Consumer Financial Protection Bureau (CFPB) Laws Request for Information 46

PYMNTS

JUNE 17, 2019

This past week saw the Consumer Financial Protection Bureau (CFPB) offer up highlights of Kathleen Kraninger’s six-month tenure as director. In addition, the CFPB published proposed rules to delay implementation and reconsider Mandatory Underwriting Provisions of the small dollar rule.

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CFPB Consumer Financial Protection Bureau (CFPB) Money Laundering Cryptocurrency 43

PYMNTS

MARCH 5, 2018

Securities and Exchange Commission issued scores of subpoenas and Requests for Information (RFIs) focused on initial coin offerings (ICOs). Turning to the CFPB…. The Consumer Financial Protection Bureau (CFPB) continues to evolve under the stewardship of acting director Mick Mulvaney.

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Consumer Financial Protection Bureau (CFPB) Request for Information Bitcoin Cryptocurrency 49

FICO

JANUARY 18, 2023

The [CFPB and other agencies] in March [2022] issued a joint request for information seeking input on financial institutions’ use of AI-based models and tools for various purposes, as well as whether it would be helpful to provide additional clarification on using AI when providing services to customers. .

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AI Regulatory Compliance Regulations Request for Information 52

FICO

MAY 31, 2017

On May 10, the Consumer Financial Protection Bureau (CFPB) issued a Request for Information (RFI) seeking to learn more about the small business lending market. If you are scratching your head as to why the CFPB is delving into small business lending, you are not alone. What is in the CFPB RFI?

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Small Business CFPB Consumer Financial Protection Bureau (CFPB) Rules 45