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How to protect your credit card rewards as CFPB responds to a surge in customer complaints
Yahoo Personal Finance· 4 hours agoAmid rising complaints, the CFPB is taking a close look at credit card reward programs. While...
What the CFPB’s Supreme Court Victory Means for Financial Institutions | JD Supra
JD Supra· 10 hours 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 ...
‘This is just the beginning of CFPB regulation of the BNPL industry’ – regulatory experts
Retail Banker International via Yahoo Finance· 1 day agoHowever, watch this space and watch the bad debt treatment unwind – the blatant stunt of comparing...
CFPB issues rule to classify BNPL as credit cards - CUInsight
CUInsight.com· 1 day agoThe CFPB Wednesday announced an interpretive rule to apply some, but not all, of the consumer...
CFPB Considering Increased Regulation of Credit Card Rewards Programs | JD Supra
JD Supra· 4 days agoOn May 9, 2024, the CFPB released a comprehensive report detailing its findings on challenges reported by consumers regarding their credit card rewards programs. This report ...
CFPB Updates Rules For BNPL Providers, Creates Same Protections For Consumers As Credit Cards |...
Crowdfund Insider· 1 day 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 ...
BNPL Regulation Grabs Headlines as FinTech IPO Index Loses 2.7%
PYMNTS.com· 9 hours agoThe buy now pay later (BNPL) space, arguably, held sway — dominating headlines as the Consumer...
CFPB Rules Buy Now, Pay Later Lenders Must Offer Key Credit Card Protections | JD Supra
JD Supra· 1 day agoThe Bureau claims its authority to issue this interpretive rule — in lieu of a formal rulemaking — stems from the Truth in Lending Act (TILA) and Regulation Z, and its general ...
CFPB tightens rules for buy now, pay later lenders
FOX Business· 2 days agoThe Consumer Financial Protection Bureau (CFPB) announced Wednesday it will impose some of the same rules on buy now, pay later (BNPL) lenders that apply...
CFPB takes on BNPL
The Hill· 2 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...