BNPL providers should consider the FTC's suggestion to "conduct a compliance check," including reviewing their policies and procedures.
With the fintech world gathering in Las Vegas this week for Money20/20 there was quite a lot of fintech news.
The rule opens a large swath of finance companies, loan platforms, and financial product comparison sites to CFPB oversight and enforcement.
CFPB Director Rohit Chopra made it clear that repeat offenders of consumer protection laws will face harsher penalties than ever before.
I am a big fan of earned wage access. When I last wrote about it in 2019, I made the...
The economic, reputational, and strategic implications of enforcement action can long outlive the action itself.
CFPB director Rohit Chopra lobbed a surprise grenade onto the expo floor Tuesday morning by announcing plans for an open banking rule.
Making news this week was the CFPB director testifying before both the Senate and House, Fidelity will allow bitcoin in 401(k) plans, Robinhood had a bad week, the OCC is talking stablecoins, Goldman created a lending facility backed by bitcoin and more.
CFPB Director Rohit Chopra has made it clear that he embraces an expansive view of the Bureau's authority to remedy inequities.
The last financial crisis ushered in the Dodd-Frank Act and with that the Consumer Financial Protection Bureau (CFPB). The CFPB...