CFPB Consumer Financial Protection Bureau (CFPB) Request for Comment 
Fintech Finance
JULY 15, 2024
Regulatory clarity and consistent standards are critical for providers offering safe, transparent and responsible financial services and even more important for consumers who expect protections when utilizing financial services including Buy Now Pay Later,” said Phil Goldfeder, Chief Executive Officer of AFC.
Finextra
JULY 15, 2024
The American Fintech Council (AFC), the fastest growing premier industry association representing responsible fintech companies and innovative banks, submitted its response to the Consumer Financial Protection Bureau (CFPB) on the proposed Interpretive Rule and Request for Comment on the Use of Digital User Accounts to Access Buy Now, Pay Later Loans. (..)
The Fintech Times
JULY 15, 2024
The new proposed interpretive rule would ensure that nonbank financial companies adhere to the same credit card lending rules as large banks, credit unions, and other financial institutions already supervised by the CFPB. “We are encouraged by the work the CFPB has done to better understand the BNPL industry. .
PYMNTS
NOVEMBER 29, 2020
CNBC stated that a Biden transition spokesman did not respond to a request for comment about the potential nominations and that Biden is expected to announce economic appointments soon. The Consumer Financial Protection Bureau (CFPB) is among agencies being watched most closely, PYMNTS reported.
PYMNTS
JUNE 19, 2017
Perhaps the most visible rollback would come with a truncating of the Consumer Financial Protection Bureau (CFPB)’s regulatory powers. ” As far as the CFPB is concerned, things proceed apace, as the bureau has issued a request for comment on proposed changes to rules on prepaid accounts. .
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