Earlier this month, the Consumer Financial Protection Bureau (CFPB or Bureau) issued new policy statements regarding its ...
The Consumer Financial Protection Bureau issued separate policy statements on "sandbox approvals" and no-action letters for fintechs — measures whose longevity is questionable with the incoming Trump ...
In an effort to foster innovation in financial services, the CFPB is reinstituting its programs that allow companies to obtain regulatory safe harbors through no-action letters and sandboxes to ...
During Donald Trump’s first term, the CFPB’s Office of Innovation allowed companies to apply for no-action letters that served as protective agreements, enabling them to develop specific products ...
Mass.) in particular has pressured the bank CEOs in public hearings and letters to address the amount of scams on Zelle. The Wall Street Journal in August reported that the CFPB was probing the ...
The credit-reporting firm is further accused of issuing confusing and conflicting letters about the results ... penalty that will be deposited into the CFPB's victims relief fund.