The CFPB cancels its plans to more tightly regulate US data brokers' ability to sell Americans' sensitive info, like financial data, credit history, and SSNs
Predatory data brokers were just handed a win. — Disappointing: Americans' privacy should be a bipartisan concern. — By @dell.bsky.social @dmehro.bsky.social & @zackwhittaker.com — www.wired.com...
Chase plans to stop users making Zelle payments deemed “as originating from contact through social media”; the CFPB had claimed Zelle lacked adequate safeguards
Sergiu Gatlan / BleepingComputer :
White House document: President Trump plans to nominate Brian Quintenz, a16z Crypto's head of policy and a former GOP commissioner at the CFTC, to lead the CFTC
- Trump to tap Jonathan Gould as Comptroller of the Currency — Trump also set to nominate Jonathan McKernan as CFPB director
The CFPB proposes a new rule to give consumers the same protection rights when they use virtual currencies in some video games like Roblox as when they use USD
In a new proposal issued Friday, the Consumer Financial Protection Bureau is seeking to regulate virtual currencies used in Roblox and other video games like US dollars.
The CFPB proposes limiting data brokers' ability to sell Americans' personal and financial info, after the National Public Data breach discovered in April 2024
In the wake of high-profile hacks affecting hundreds of millions of Americans, the Consumer Financial Protection Bureau (CFPB) …
The CFPB will supervise tech companies with digital wallets, like Apple Pay, Google Pay, and Venmo, with 50M+ annual transactions, treating them more like banks
the Biden/Warren crew just enacted this to stop @X from becoming a payments juggernaut. Wow, a whole new 259-page rule aimed at X...yet more lawfare against you.👊 (Congress can & probably will CRA thi...
The CFPB will supervise tech companies with digital wallets, like Apple Pay, Google Pay, and Venmo, with 50M+ annual transactions, treating them more like banks
The US Consumer Financial Protection Bureau will now treat those companies more like banks as long as they handle …
Sources: the CFPB moves to place Google under formal federal supervision, an extraordinary move that may lead to regular inspections; Google fiercely resisted
The agency aims to conduct more rigorous direct oversight of the tech firm, a major move that Google has resisted in the final months of the Biden administration.
In a major policy change, EWS says 2,100 banks on payment app Zelle began refunding imposter scam victims on June 30, 2023, after US lawmaker and CFPB pressure
Banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer protection concerns raised …
At a White House roundtable, the US Consumer Financial Protection Bureau touts Fair Credit Reporting Act rules to crack down on harmful data broker practices
like payment history or criminal history — as a consumer report under the FCRA. That would trigger new accountability requirements. Tonya Riley / @tonyajoriley : The 2nd proposed rule would clarify ex...