Tag: CFPB
CFPB Targets Digital Payment Privacy: New Guidelines for Consumer Protection
Understanding the Implications of CFPB's Latest Regulations on Digital PaymentsHighlights: CFPB introduces new guidelines aimed at enhancing consumer protection in digital payments.The regulations focus...
Understanding Open Banking Standards: CFPB Approves FDX Initiative
The Future of Financial Data Sharing and Consumer EmpowermentHighlights:CFPB grants approval to FDX to establish open banking standards.
New standards aim to enhance...
CFPB orders Apple and Goldman Sachs to pay combined $89m over “Apple Card failures”
Penalties Imposed: The Consumer Financial Protection Bureau (CFPB) has ordered Apple and Goldman Sachs to pay nearly $90 million in total penalties and...
Bank of America fined by US regulators over fake accounts and junk fees
The US Consumer Financial Protection Bureau (CFPB) has fined Bank of America $150 million and ordered the bank to compensate affected consumers with over...
CFPB: Issues new guidance of negative option practices
CFPB: Issues new guidance of negative option practicesCFPB, a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly
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