JD Supra17m
CFPB Issues a Roadmap for States Days Before Trump Takes Office
As the Consumer Financial Protection Bureau (CFPB or Bureau) anticipates a shift in its leadership with the incoming administration of ...
JD Supra20m
Borrowers with poor credit ratings make up majority of BNPL borrowers
Borrowers with subprime or deep subprime credit scores make up the majority of Buy Now, Pay Later (BNPL) originations, the CFPB said, in a new ...
ThePrint31m
Tech groups sue US CFPB to block rule on payment apps, digital wallets
Two technology trade groups sued the U.S. Consumer Financial Protection Bureau on Thursday to block a new rule giving the regulator supervisory authority over payment ...
Cash App parent fined $175 million for 'woefully incomplete' response to fraud
The Consumer Financial Protection Bureauordered Cash App (SQ) operator Block to pay a total of $175 million for failing to ...
CFPB orders Cash App parent Block to pay $175M for fraud failures
The Consumer Financial Protection Bureau ordered Block (NYSE:SQ) to pay restitution of up to $120M and a penalty of $55M over ...