The court reasoned that Section 1033 authorizes banks to provide data to consumers and fiduciary-type representatives, not to commercial third parties such as fintech companies. It also explained that ...
On Oct. 29, 2025, the Consumer Financial Protection Bureau (CFPB) withdrew its proposed rule that would have required certain nonbank financial companies subject to its supervisory jurisdiction to ...
The Consumer Financial Protection Bureau is considering a proposal to reduce its oversight of auto finance lenders, saying ...
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the ...
CFPB Issues Interpretive Rule Preempting State Medical Debt Reporting Bans. On October 28, the CFPB issued an interpretive rule expressing that ...
Wells Fargo & Co. and PNC Financial Services Group Inc. are trying to force data aggregators and fintechs to use a ...
Advocates warn dropping the orders lets banks off the hook, leaving consumers with fewer protections from misconduct.
Banks and fintechs are connecting digitally to share data, amid litigation over a rule to spur competition for financial ...
WATERFORD, Ireland, Nov. 03, 2025 (GLOBE NEWSWIRE) -- (MDC), a division of the OneTwenty Group, today issued a new analysis ...
Proposals are now circulating in Washington to increase deposit insurance limits radically, including the bill from Sens.
Loan approvals that once required several business days now close in minutes. For direct lenders, automation has become both a competitive differentiator and a cost-control strategy. Algorithms now ...
Bank supervision consists of two main prongs: risk management and compliance. On the compliance side, consumer protection laws are being enforced less than at any time since at least the Great ...