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The CFPB and Congress Push to Correct Gaps in Reg E

BioCatch

As of the October term of 2023, the United States Supreme Court had taken on an appeal of a decision to review a possible constitutional conflict in the interpretation of the funding mechanism for the Consumer Financial Protection Bureau (CFPB).

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Reg E in Focus: CFPB Enforcement and Compliance Tips

Innovative Payments Association

The Consumer Financial Protection Bureau (CFPB) is the primary enforcement agency for Regulation E, and it has been cracking down on violations in recent years. CFPB Enforcement Actions The CFPB has taken enforcement actions against companies in the payments industry for various violations of Regulation E.

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CUs, Bank Trade Groups Clash Over CFPB Regs

PYMNTS

Credit union (CU) and bank trade groups are locked in another battle, this time arguing about oversight by the Consumer Financial Protection Bureau (CFPB). In addition, the nine CUs currently under CFPB supervision are all in the top 1 percent of depository institutions. .”

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Debt Collections on Tenterhooks with Six and Sevens following CFPB’s Reg F

FICO

Debt Collections on Tenterhooks with Six and Sevens following CFPB’s Reg F. Reg F isn't a hurdle to adjust to and live with. Consumer Financial Protection Bureau (CFPB) announced the final rules interpreting the Fair Debt Collections Practices Act (FDCPA) on July 30, which went into effect on November 30, 2021.

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 FinTech Reg Sandbox Takes Shape Via CFPB

PYMNTS

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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Understanding Overdraft Programs (Part 1)

FICO

The use of overdraft services has been extensively researched by organizations such as the Pew Charitable Trusts , and the Consumer Financial Protection Bureau (CFPB). Researchers often cite the negative financial impact of fee-based overdraft on the most financially fragile consumers.

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PYMNTS Celebrates Festivus

PYMNTS

But for now, consumers are more likely to complain about their chatbot than laud its usefulness. To: the Consumer Financial Protection Bureau (CFPB). From: consumer advocates, payday lenders and consumers. That is more or less par for the course for the CFPB.

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