New Treasury Report Shows Fintech Industry Requires Additional Oversight To Close Gaps, Prevent Abuses, and Protect Consumers -
On November 16, 2022, the U.S. Department of the Treasury (USDT), in consultation with the...more
12/15/2022
/ Appeals ,
Competition ,
Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
Credit Reports ,
Data-Sharing ,
Fees ,
FinTech ,
Non-Bank Lenders ,
OCC ,
Regulation Z ,
U.S. Treasury
FTC Action Against Internet Phone Service Provider Results in $100 Million to Customers Trapped by Illegal Dark Patterns and Junk Fees When Trying To Cancel Service -
On November 3, 2022, the Federal Trade Commission (FTC)...more
FTC explains that merchants using BNPL services are also subject to consumer protection obligations.
CFPB ends its no-action letter and compliance sandbox policies.
CFPB sues an online lender for Military Lending Act...more
10/12/2022
/ Annual Percentage Rate (APR) ,
Civil Monetary Penalty ,
Compliance ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Damages ,
Debt ,
Fees ,
FinTech ,
Military Lending Act ,
Payment Plans