Christine Thebaud

Cooley LLP

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CFPB Challenges Financial Institutions to Produce Evidence of Affirmative Consent to Overdraft Fees

On September 17, 2024, the Consumer Financial Protection Bureau (CFPB) issued a circular explaining that financial institutions may violate the Electronic Fund Transfer Act (EFTA) and its implementing regulation, Regulation...more

9/20/2024  /  Banking Sector , Banks , Consumer Financial Protection Bureau (CFPB) , Financial Institutions , Financial Services Industry , Overdraft Fees , Popular
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