On January 26, 2022, the Consumer Financial Protection Bureau (CFPB) issued a request for public comment relating to “junk fees” consumers may be subjected to when engaging in financial services.
So what exactly is a...more
2/15/2022
/ Banking Sector ,
Comment Period ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Enforcement Actions ,
Fees ,
Financial Institutions ,
Financial Services Industry ,
Public Comment ,
Request For Information ,
Rulemaking Process
The ways consumers make payments, including the data and technology associated with those payments, is becoming an increased focus of regulators. Financial institutions should carefully and thoroughly consider the recent...more
10/29/2021
/ Biden Administration ,
Compliance ,
Consumer Financial Protection Bureau (CFPB) ,
Cybersecurity ,
Data Management ,
Data Privacy ,
Dodd-Frank ,
EFTA ,
Executive Orders ,
Financial Services Industry ,
Gramm-Leach-Blilely Act ,
Payment Systems ,
Provider Payments ,
Regulatory Reform ,
Rulemaking Process