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 Office of the Comptroller of the Currency (OCC) says that it has warned some financial companies that they should modify lending terms.

CFPB 47

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

PYMNTS

FEBRUARY 21, 2017

The CFPB was a few weeks away from releasing new draft regulations, and the money was on regs that would by and large neuter the industry. As a result, the CFPB is looking a good deal more vulnerable than it did even six months ago. A year ago, the future of short-term, small-dollar loans in the U.S.

CFPB 40

CFPB Regs Rules FTC 40

PYMNTS

OCTOBER 6, 2017

But today, the journey came to an end as the CFPB has offered its final ruling on the future of the payday and title lending industry in this country. That destruction is necessary, according to CFPB director Richard Cordray. The CFPB’s payday rule, he added, “necessitates revisiting the OCC guidance.”. So Now What?

CFPB 51

CFPB Regs Rules Credit Union 51