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Consumer Financial Protection Bureau

Cybercrime
National

Data Dilemma: CFPB Exposes Flaws in Financial Privacy Protections, Urging Stronger Safeguards

November 18, 2024November 18, 2024 - by Maryann Pugh

WASHINGTON, D.C. — In a recent report, the Consumer Financial Protection Bureau (CFPB) has cast a spotlight on the deficiencies in federal and state-level privacy protections concerning consumers’ financial data. The …

Data Dilemma: CFPB Exposes Flaws in Financial Privacy Protections, Urging Stronger Safeguards Read More

Consumer Financial Protection Bureau (CFPB)
National

CFPB Imposes Record Penalty on Navy Federal Credit Union for Illegal Overdraft Fees

November 10, 2024November 10, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has levied a significant enforcement action against Navy Federal Credit Union, the largest credit union in the United States, for imposing unlawful …

CFPB Imposes Record Penalty on Navy Federal Credit Union for Illegal Overdraft Fees Read More
Consumer Financial Protection Bureau Requests Information on the Impact of the CARD Act Regulations on Small Entities and the Consumer Credit Card Market
National

CFPB Moves to Resolve Case Against Townstone Financial on Redlining Allegations

November 4, 2024November 4, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has filed a proposed order to resolve its case against Townstone Financial. The order, pending court approval, seeks to address allegations …

CFPB Moves to Resolve Case Against Townstone Financial on Redlining Allegations Read More

Consumer Financial Protection Bureau (CFPB)
National

CFPB Takes Action Against VyStar Credit Union Over Online Banking Failure

November 4, 2024November 4, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken decisive action against VyStar Credit Union following its flawed deployment of a new online banking platform that adversely affected its …

CFPB Takes Action Against VyStar Credit Union Over Online Banking Failure Read More
Doctor talking to the patient
National

Joint Statement by CFPB and CMS: Strengthening Protections for Low-Income Medicare Beneficiaries

November 4, 2024November 4, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) and the Centers for Medicare & Medicaid Services (CMS) have issued a joint statement to address unlawful medical billing practices. This …

Joint Statement by CFPB and CMS: Strengthening Protections for Low-Income Medicare Beneficiaries Read More

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