By Joe Mont2015-06-26T10:30:00
The Consumer Financial Protection Bureau has made the consumer narratives collected by its controversial complaint database publicly available. In March, the CFPB formalized its policy for accepting and disclosing the complaint narratives. Last week, more than 7,700 of those complaints—lodged against banks, credit card companies, and other consumer-dealing financial ...
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2015-07-14T12:30:00Z By Joe Mont
Image: “Unfair and deceptive practices” have long been an enforcement area for consumer protection. Now the Consumer Financial Protection Bureau is adding an A for “abusive”—and taking away clarity for financial firms about what its UDAAP standard exactly means. “There is no list of clear black-and-white rules, and that’s what ...
2026-01-16T20:40:00Z By Adrianne Appel
Firms worldwide got a break in 2025 on penalties for anti-money laundering (AML) failures, a new report has found.
2026-01-13T20:05:00Z By Oscar Gonzalez
Two months after the U.S. Consumer Financial Protection Bureau proposed a rule change to narrow anti-discrimination requirements for lenders, it has reversed previous guidance on noncitizen customers looking to borrow.
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