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CFPB’s Credit Card Late Fee Rule May Be a Windfall for BNPL Providers
PYMNTS.com· 18 minutes agoAs Tuesday (May 14) looms, with a new rule from the Consumer Financial Protection Bureau (CFPB)...
CFPB Says It Is Monitoring Credit Card Rewards Programs
PYMNTS.com· 32 minutes agoThe Consumer Financial Protection Bureau (CFPB) said Thursday (May 9) that it will be monitoring...
US regulators are looking at potential ‘bait and switch’ schemes with airline-affiliated credit card...
CNN Business via Yahoo Finance· 44 minutes agoIf you use a points-and-rewards credit card offered by an airline in partnership with a big bank,...
CFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze
NBC Universal via AOL· 2 hours agoA Consumer Financial Protection Bureau regulation that promised to save Americans billions of...
CFPB flags up consumer frustrations with credit card rewards programmes
Electronic Payments via Yahoo Finance· 5 hours agoThe Consumer Financial Protection Bureau (CFPB) has reported on consumer complaints relating to...
Biden watchdogs probe popular credit card and airline rewards
The Hill via Yahoo Finance· 4 hours agoCredit card and airline rewards are incredibly popular among Americans, but Biden administration...
"OVER THE LINE!" Where Banking and Gaming Intersect, the CFPB Has Something to Say. | JD Supra
JD Supra· 13 hours agoIn some circumstances, virtual currency can be used for real-world transactions, such as wagering skins or virtual currency or cashing out and receiving real money. According to the Consumer ...
Student Loan Borrowers May Get $3 Million In Compensation For Servicing Failures
Forbes· 3 days agoA federal financial watchdog agency filed an enforcement action this week against a widely known...
First Minnesota Court Decisions on Overdraft Fees Are Wins for Banks | JD Supra
JD Supra· 13 hours agoIn December 2021, the Consumer Financial Protection Bureau (CFPB) released research critiquing banks for charging overdraft and related fees to consumers, and the
Fifth Circuit Denies CFPB’s Petition for Panel Rehearing in Credit Card Late Fee Rule Lawsuit | JD...
JD Supra· 13 hours agoOn May 3, the U.S. Court of Appeals for the Fifth Circuit entered an order denying the CFPB’s (CFPB) petition for a panel rehearing and effectively setting ...