Disputes and UDAAP - Payments Space

Equifax CEO To Explain Leak To Congress

PYMNTS

SEPTEMBER 22, 2017

consumer accounts were accessed by the hackers, as well as certain dispute documents with personal identifying information for approximately 182,000 U.S. The CFPB and legal experts said the regulator could pursue Equifax under an aspect of the Dodd-Frank Act banning unfair, deceptive and abusive acts and practices (UDAAP).

UDAAP

UDAAP CFPB Federal Trade Commission Breach

CFPB’s 2020: Drawing A Bead On Abusive Practices — And States’ Activities

PYMNTS

JANUARY 27, 2020

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). Separately, in Davos this past week , with a nod toward digital taxes and trade disputes, the U.S. Digital Taxes, Abroad.

CFPB

CFPB Consumer Financial Protection Bureau (CFPB) UDAAP Laws

Payments Space

Equifax CEO To Explain Leak To Congress

CFPB’s 2020: Drawing A Bead On Abusive Practices — And States’ Activities

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