CFPB

CFPB can do better by fintechs than a 'policy tool'

11/04/19

It should offer some form of guidance to spur innovation, a former official with the bureau says.

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Amex's immigrant assist, the Libor void, bank failures: Top stories of the week

11/01/19

New tech lets American Express instantly issue cards to immigrants; the end of Libor raises concerns about financial stability; regulators shutter banks in Kentucky and Ohio; and more from this week's most-read stories.

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CFPB chief mentions payday ‘research,' and heads turn

10/30/19

A remark by Director Kathy Kraninger during a congressional hearing has renewed a fierce debate over how the agency uses academic studies to support rulemakings.

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Dems demand CFPB investigation of Pa. loan forgiveness program

10/30/19

Nearly two dozen Senate Democrats say the CFPB should "immediately" open up an enforcement investigation into the Pennsylvania Higher Education Assistance Agency’s loan forgiveness program for alleged mismanagement.

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Nothing comes easy for CFPB in payday lending rule

10/29/19

The restriction on how often a borrower’s account is debited was supposed to be relatively straightforward, but one lender is trying to fight that provision.

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Scotiabank’s ‘digital factories,’ CFPB’s complaint leader, small-regional survival guide: Top stories of the week

10/25/19

Why the Toronto bank is focusing on digital features; complaints about credit monitoring plans flood CFPB; the strategies midsize banks are relying on to stimulate growth; and more from this week’s most-read stories.

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'May the odds be ever in your favor': Comments of the week

10/24/19

Readers react to Regions Financial's plan to replace it core deposit system, a House bill meant to curb jobs moved overseas, a resurgence of consumer complaints against the credit bureaus and more.

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What Supreme Court case means for CFPB’s future

10/21/19

Will the justices go further than answering constitutional questions about the bureau's leadership structure?

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Santander's deposit push; HSBC’s strategic about-face

10/21/19

Santander Consumer is planning to attract online deposits via a national platform that could rival Goldman Sachs’s Marcus; HSBC is now in retrenchment mode after aiming for growth.

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‘Absolute scam’: Complaints about credit monitoring plans flood CFPB

10/20/19

Regulators have long warned the credit bureaus about deceptive marketing that causes consumers to sign up unwittingly for paid monitoring services. But the practice has persisted, according to complaint data.

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