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WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has officially recognized Financial Data Exchange, Inc. (FDX) as a standard-setting organization under the Personal Financial Data Rights rule. This historic designation …
CFPB Recognizes Financial Data Exchange as Standard-Setting Body for Personal Financial Data Rights Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has finalized a new rule aimed at reforming overdraft practices at large financial institutions. This action targets banks and credit unions with …
CFPB Closes Overdraft Loophole, Saves Consumers Billions Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Comerica Bank, accusing it of systematically failing its 3.4 million Direct Express cardholders, most of whom are …
CFPB Files Lawsuit Against Comerica Bank for Alleged Failures in Serving Vulnerable Customers Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently issued new guidance aimed at preventing banks from levying overdraft fees without clear consumer consent. This move targets the practice …
Cracking Down on Phantom Fees: CFPB Moves to Protect Consumers from Unseen Overdraft Costs! Read More
WASHINGTON, D.C. — A recent report by the Consumer Financial Protection Bureau (CFPB) highlights a growing concern over cash-back fees imposed by large retail stores on American consumers. These fees, …
Are You Paying Hidden Fees? The Truth About Cash-Back Costs at Big Retailers! Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently disclosed alarming findings from in-depth investigations of auto loan, student loan services, debt collectors, and ancillary financial service providers. The …
Revealing Unfair Practices: How Financial Service Providers May Cheat Customers Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has finalized a rule defining the qualifications for recognized industry standard-setting bodies. These bodies will issue standards that companies can use …
CFPB Finalizes Rule to Ensure Fair Industry Standards in Open Banking Read More