The CFPB rescinded an advisory opinion that had described how one particular type of “earned wage” product did not involve the offering or ...

In this article, we share a timeline of our monthly "bites" for 2024 applicable to companies in FinTech. The Consumer Financial Protection Bureau ...

Another recent example from this year, the CFPB alleged that the manufactured-home lender, Vanderbilt Mortgage, violated TILA and Regulation Z by ignoring “obvious red flags about borrowers' ability ...

Brian Quintenz is returning to the Commodity Futures Trading Commission (CFTC), but this time, he’s taking the top job.

The CFPB has finalized a landmark rule that removes $49 billion in medical debt from credit reports, the bureau said in a news release on Tuesday, Jan. 7. The regulation also prohibits lenders ...

Globally, BNPL has reshaped consumer finance, particularly among millennials and Gen Z who are wary of traditional banking. The industry was valued at $231.51 billion in 2024 and is projected to reach ...

CEO Andretta noted upgrades in Bread Financial’s rating outlooks by Moody’s and Fitch, moving from stable to positive. CFO Perry Beberman reported that the company generated adjusted income from ...

With minimal protections in place, consumers already struggling in debt, face further potential financial hardship due to the rise of BNPL ...