USA Today3m
Who's the boss? You are, under CFPB's new rule
“Rather than constantly create a better product or service, we see 'innovation' on how firms can make it harder to cancel or ...
'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 ...
American Banker16m
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 ...
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 ...
The Sacramento Observer34m
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 ...
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 ...
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 ...