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CFPB takes on BNPL
The Hill· 4 days agoThe CFPB says the move will bring “consistency” to the market. “Buy now, pay later” programs, also known as BNPL, allow consumers to pay for products in...
What the CFPB’s Supreme Court Victory Means for Financial Institutions | JD Supra
JD Supra· 3 days agoUntil recently, the most popular topic of discussion in the financial services world has been the outcome of the Supreme Court case CFPB v. Community Financial Services Association ...
CFPB Announces New Compliance Deadlines for Small Business Lending Rule
The National Law Review· 5 days agoGo-To Guide: On May 17, 2024, the Consumer Financial Protection Bureau (CFPB) announced it will extend the compliance deadlines for its Small Business Lending Rule. When it ...
SCOTUS Upholds CFPB Funding Mechanism | JD Supra
JD Supra· 7 days agoIn a landmark decision issued on May 16, the Supreme Court held that the Consumer Financial Protection Bureau’s (CFPB) funding mechanism is constitutionally sound, as it does ...
CFPB Files Lawsuit Against SoLo Funds for Alleged Deceptive Lending Practices | JD Supra
JD Supra· 5 days agoLast week, the Consumer Financial Protection Bureau (CFPB or Bureau) filed a complaint against SoLo Funds, Inc., a fintech company operating a small-dollar, short-term lending ...
As CFPB Targets BNPL Firms, Some Consumer ‘Protections’ Are Already in Place
PYMNTS.com· 4 days agoThe Consumer Financial Protection Bureau — with the wind of the recent Supreme Court ruling at the...
CFPB Supreme Court Decision Shifts Focus to Technology’s Impact on Consumer Finance
PYMNTS.com· 7 days agoThe Consumer Financial Protection Bureau (CFPB) has been validated in the aftermath of last week’s...
Buy Now, Pay Later Plans Could Be Counted as Credit Cards, CFPB Says
CNET· 4 days agoAll your buy now, pay later plans might soon be treated as credit card purchases. At least, that’s...
SCOTUS Upholds CFPB Funding: Are We One Step Closer to Tyranny? (Yep).
The National Law Review· 4 days agoDemocrats are scared of Trump and his fascist tendencies. The headline here is pretty mundane–...
CFPB Updates Rules For BNPL Providers, Creates Same Protections For Consumers As Credit Cards |...
Crowdfund Insider· 4 days agoYesterday, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule impacting buy now pay later (BNPL) providers. BNPL providers have emerged as a popular ...