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CFPB launches process to recognise open banking standards
Retail Banker International via Yahoo Finance· 14 hours ago“Industry standards can be weaponised by dominant firms in order to maintain their market position,...
CFPB Unveils Lender Naughty List For Repeat Offenders
National Mortgage Professional· 21 hours agoThe Consumer Financial Protection Bureau (CFPB) is cracking down on corporate repeat offenders after...
CFPB finalizes open banking standard setter rule
Banking Dive via Yahoo Finance· 1 day agoThe bureau will consult public interest groups and app developers on open banking standards, and no single special interest can dominate the...
US financial watchdog announces registry of nonbank corporate offenders
Reuters via Yahoo Finance· 4 days ago"Too many American families and businesses have been harmed by repeat offenders in a rinse repeat...
A major student-loan company has 'illegally' tried to collect payments from borrowers whose balances...
Business Insider via Yahoo News· 7 days agoThe CFPB is requesting that the court require PHEAA to provide relief to impacted consumers and pay...
CFPB to Create Registry of Consumer Law-Breaking Nonbank Financial Companies
PYMNTS.com· 4 days agoThe registry is meant to help law enforcement across the United States identify and stop repeat...
CFPB Warns Against Deception in Contracts for Consumer Financial Products and Services | JD Supra
JD Supra· 1 day agoAccording to the CFPB, companies use this fine print tactic to try to trick consumers into believing they have given up certain legal rights or protections. When financial ...
CFPB sues student loan servicer PHEAA for pursuing borrowers for loans discharged in bankruptcy
Retail Banker International via Yahoo Finance· 7 days agoFurther, it seeks redress to borrowers it has harmed and payment of a civil penalty. “PHEAA has...
CFPB Aims to to Speed Shift to Open Banking in the U.S.
PYMNTS.com· 2 days agoThe Consumer Financial Protection Bureau (CFPB) has taken another step in its push to accelerate...
CFPB creates registry to detect corporate repeat offenders
Retail Banker International via Yahoo Finance· 4 days agoThe new registry is part of the CFPB’s ongoing focus on holding lawbreaking companies accountable...