Accounts Often Frozen for Weeks on Fraud False Positives, Says CFPB
The Consumer Financial Protection Bureau (CFPB) found that once many banks freeze accounts for suspicious activity, it can be difficult ...
Tag: CFPB
Get the latest news and analysis on CFPB regulations and actions. PaymentsJournal provides expert insights to keep you informed on consumer financial protection matters.
Eliminating Medical Debt from Credit Scores Shouldn’t Hinder Card Issuers
The Consumer Financial Protection Bureau (CFPB) has proposed a new rule that would stop credit reporting companies from sharing medical ...
The CFPB Paves the Way for Open Banking
The Consumer Financial Protection Bureau took a key step toward enabling open banking in the U.S. by outlining guidelines for ...
CFPB Issues New Interpretive Rule for BNPL Lenders
After a multi-year investigation into the market practices of buy now, pay later (BNPL) lenders, the Consumer Financial Protection Bureau ...
CFPB Alleges P2P Lender SoLo Used Deceptive Tactics
The Consumer Financial Protection Bureau (CFPB) sued SoLo Funds, alleging the company deceived borrowers who believed they were receiving interest-free, ...
Rewards Points Drive Competition Among Both Airlines and Lenders
Airlines are increasingly relying on credit card programs and rewards points for profitability, while smaller airlines fight for a way ...
Rewards: On the CFPB Watch List, but Keep an Eye on the Consumer Complaints
My journey with American Express began in 1998, a year that pales in comparison to my father-in-law's card, a relic ...
CFPB Levies $3.25 Million Penalty Against Chime for Delayed Refunds
The Consumer Financial Protection Bureau (CFPB) has taken action against online payments processor Chime for failing to return funds to ...
CFPB Closes Years-Long Probe Into PayPal, Venmo
After three years of investigation, the Consumer Financial Protection Bureau officially closed its probe into PayPal and its subsidiary Venmo ...
Exploring the Friction Between Payment Apps and the CFPB
The Consumer Financial Protection Bureau is ramping up its efforts to more effectively monitor tech companies providing payment apps, citing ...
Must Reads
©2024 PaymentsJournal.com | Terms of Use | Privacy Policy
