Tag: Rohit Chopra
BNPL and AI placed in EU/US international regulatory spotlight
EU and US officials have begun informal discussions around consumer financial protection issues. The talks have evaluated key developments in payments and financial services,...
Bank of America ordered to pay $100m over anti-consumer practices
The Bank of America has been ordered by the Consumer Financial Protection Bureau (CFPB) to pay over $100m in penalties over immoral practices.
This follows...
Payment apps less safe than banks, the CFPB warns US customers
In a report addressing American users of non-bank payment apps, the Consumer Financial Protection Bureau (CFPB) warned that they might fall out of federal...
CFPB toughens up on credit report sharing companies
The Consumer Financial Protection Bureau (CFPB) has issued a legal interpretation, which states companies that use and share credit reports have an obligation to...
