Who's the boss? You are, under CFPB's new rule
CFPB says its new rule will give Americans more control over their financial data, spur competition and lower prices for ...
American Banker35m
CFPB's 1033 open banking final rule expands scope to payment apps
The Consumer Financial Protection Bureau expanded the scope of the 1033 rule to include payment apps, provides for some ...
American Banker4h
CFPB's 1033 open banking final rule gives banks relief on liability
The Consumer Financial Protection Bureau expanded the scope of the 1033 rule to include payment apps, and CFPB Director Rohit ...
US Banks Prepare for New Era of Consumer Financial Data Sharing
US banks will now have to give customers access to their financial data after the top consumer watchdog finalized a ...
'Open banking' rules for consumer data unveiled by US watchdog
The top U.S. watchdog agency for consumer financial protection on Tuesday unveiled long-awaited rules intended to drive a ...
US rolls out ‘open banking’ rules to make sharing financial data easier
One aim for the rules is to make it easier for customers to use third-party apps and also stimulate more competition among ...
Supreme Court declines to hear challenge of the Consumer Product Safety Commission’s structure
The Supreme Court declined Monday to hear an appeal challenging the structure of the Consumer Product Safety Commission, the ...
MyChesCo on MSN13h
CFPB Sues Climb Credit for Misleading Students and Concealing Loan Costs
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Climb Credit, Inc., a student loan provider, and its principal shareholder, 1/0 Holdco LLC. The suit ...
The Sacramento Observer53m
Why you shouldn’t store your money in payment apps
As use of payment apps has grown in recent years, the Consumer Financial Protection Bureau has issued guidance on best practices to avoid pitfalls. For example, funds stored on Venmo or Cash App ...
MyChesCo on MSN17h
Federal Agencies Hold Fairway Mortgage Accountable for Discriminatory Lending Practices
The Consumer Financial Protection Bureau (CFPB) and the Justice Department (DOJ) have taken significant action against ...
JD Supra13h
CFPB and DOJ Target Mortgage Lender for Alleged Discriminatory Redlining Practices
On October 15, the CFPB and the DOJ announced a settlement against a large mortgage lender for its alleged discriminatory redlining practices ...
Don't waste your time (or money) on credit repair: Clean up your credit for free in 5 simple steps
While credit repair companies often claim they can "erase" bad credit or boost your scores, claims like these can be both ...