Tags: CFPB
CFPB Imposes $2.5 Million Fine on Wise: What You Need to Know
Wise, a London-based financial technology company, faces scrutiny from the Consumer Financial Protection Bureau (CFPB) for misleading advertising practices related to fees and exchange rates…
CFPB Targets Digital Payment Privacy: Strengthening Consumer Protections in the Digital Age
The Consumer Financial Protection Bureau (CFPB) is seeking public feedback to improve protections for users of digital payment systems outside traditional banking. This initiative focuses…
CFPB Designates FDX as an Official Standard-Setting Authority: A Milestone in Financial Data Exchange
The Consumer Financial Protection Bureau (CFPB) has designated Financial Data Exchange, Inc. (FDX) as a standard-setting body to enhance financial data rights. This designation supports…
CFPB Approves FDX to Launch Open Banking Standards: A New Era in Financial Innovation
In October, the Consumer Financial Protection Bureau (CFPB) launched its Personal Financial Data Rights rule, requiring financial institutions to provide consumers easy access to their…
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