News & Analysis as of

Consumer Financial Protection Bureau (CFPB) Emerging Technologies

Hinshaw & Culbertson - Consumer Crossroads

3 Key Takeaways and Collection Agency Industry Insights from the NACARA Conference

Last week, the North American Collection Agency Regulatory Association (NACARA) hosted its annual conference at the California Department of Financial Protection and Innovation’s Sacramento office. The event served as a...more

Ballard Spahr LLP

CFPB and European Commission Report on Coordinated Efforts Concerning Consumer Financial Protection and Identify Emerging...

Ballard Spahr LLP on

Following their announcement last July regarding their plans to coordinate on a range of consumer financial protection issues , the CFPB Director and his European counterpart, the Commissioner for Justice and Consumer...more

Cozen O'Connor

CFPB and FTC Keep Pace with Rapidly Advancing Technologies

Cozen O'Connor on

The CFPB and FTC each issued an action statement on its enforcement plans to address emerging technologies. The CFPB’s statement set forth short-term goals to address transformative technologies such as embedding more...more

Wiley Rein LLP

Wiley Consumer Protection Download (February 27, 2023)

Wiley Rein LLP on

Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory...more

Ballard Spahr LLP

CFPB seeking to hire technologists

Ballard Spahr LLP on

The CFPB has posted new job openings for technologists to work with its supervision and enforcement teams. The CFPB is seeking experts in data science, software engineering, product design, product management, and user...more

Venable LLP

CFPB Warns Users of Algorithms, AI, and Machine Learning of Anti-Discrimination Compliance Requirements

Venable LLP on

Anti-discrimination law applies to companies with black-box credit models using complex algorithms, according to a circular issued by the Consumer Financial Protection Bureau (CFPB) on May 26, 2022. According to the CFPB, the...more

DailyPay, Inc.

Earned Wage Access: A Regulatory North Star

DailyPay, Inc. on

There has been much discussion of on-demand payroll (often called earned wage access) as it has exploded in popularity in recent years. The technology, which allows employers to “virtualize” the payroll process, and run...more

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