The CFPB issued the guidance and CFPB Rohit Chopra held a joint field hearing with Labor Secretary Julie A. Su in Okemos, Michigan, to discuss worker surveillance. The Michigan Nurses Association was ...
The final rule, which the CFPB is expected to release as early as Monday, will impact the entire banking ecosystem from Wall Street to Main Street. Open banking is the practice of safely sharing ...
2024 has been an eventful year for the CFPB. As we detailed in June, the CFPB survived its second constitutional challenge at the Supreme Court in CFSA v. CFPB, and “[n]ewly emboldened ...
The Consumer Financial Protection Bureau (CFPB) unveiled rules Tuesday intended to increase competition that would require financial institutions, credit card issuers and other financial providers ...
According to the CFPB, as the rules take effect, consumers will be able to transfer their data between banks free of charge and without obstacles. U.S. Consumer Financial Protection Bureau (CFPB ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The CFPB yesterday released final rules which would give ...
The Consumer Financial Protection Bureau (CFPB) has finalized a rule that lays the groundwork for open banking in the U.S. financial system. But this rule has sparked mixed reactions within the ...
The CFPB rule would require banks, credit card issuers, and other financial providers to "unlock" an individual's personal financial data and transfer it to another provider at the consumer's ...
Financial institutions must deliver a consumer's financial data to another provider for free, upon the consumer's request The Consumer Financial Protection Bureau (CFPB) finalized a rule today that's ...
As a result, many consumers faced long waits to get their money back from disputed charges and, in some cases, saw incorrect negative information added to their credit reports, the CFPB added.
Goldman Sachs (GS) and Apple (AAPL) have to pay $89.8 million for sidestepping legal obligations to their joint credit card customers, the Consumer Financial Protection Bureau (CFPB) announced ...
The CFPB also banned Goldman from launching a new credit card, unless it provides a “credible plan” that the product will comply with the law, it said. “Apple and Goldman Sachs illegally ...