Latest developments from the CFPB (Consumer Financial Protection Bureau), regulator of consumer protection actions among financial institutions and other organizations.
A new graphs tool that utilizes quarterly Home Mortgage Disclosure Act (HMDA) data reported by certain financial institutions was unveiled Tuesday by the federal agency charged with consumer financial protection. Under 2015 revisions to the […]
An expansion of the types of companies represented and in the data collected in its yearly survey of credit-card issuers has been issued by the federal consumer financial protection agency with a public comment deadline […]
An interpretive rule that applies the definition of “service provider” to digital marketers engaged in behavioral marketing is set to take effect Wednesday, when it is scheduled for publication in the Federal Register. The Consumer […]
Title: Limited Applicability of Consumer Financial Protection Act’s “Time or Space” Exception with Respect to Digital Marketing Providers Subject: Digital marketing Agency: CFPB Status: Interpretive rule Summary: Section 1002 of the Consumer Financial Protection Act […]
Financial companies may violate federal consumer financial protection law when they fail to safeguard consumer data, and they may be held liable for putting those data at risk, according to a circular published by the […]
Tech firms that use behavioral targeting in their marketing of individual consumers regarding financial products are liable for violations if they do not comply with federal consumer finance protections, the federal consumer financial protection agency […]
Consumers’ use of their own financial data and how technology companies’ activities may require consumer reporting are two rules under consideration by the federal consumer financial protection agency, its director indicated Wednesday. Speaking to a […]
Claims that a faulty algorithm has caused overdrafts and overdraft penalties for customers has led to an action – including a $2.7 million fine – by the federal consumer financial protection agency against a San […]
A final rule to require the collection and reporting of small-business loan data under Regulation B (Equal Credit Opportunity Act) is slated for action about March 2023, according to the latest regulatory agenda published by […]
Two events – one virtual, the later one in person – are slated for August and September to begin a discussion with financial institutions and their providers on implementation of an upcoming small-business lending data […]
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