Payments Compliance
CFPB Monthly Complaint Report is the Big Brother of Consumer Finance
Topics: Payments Compliance
For more than six years, the Consumer Finance Protection Bureau (CFPB) has been collecting and responding to consumer complaints about the nation’s collection processes. The data gathered reveals how America’s…
CFPB 2016 Report Reveals Past Crimes and Future Opportunities
Topics: Payments Compliance
In its 2016 annual report, the Consumer Finance Protection Bureau (CFPB) revealed that 24 percent of all the debt collection complaints it received that year involved criminal activities by debt…
CFPB Consumer Complaints Explained
Topics: Payments Compliance
The Consumers Financial Protection Bureau has released its Monthly Consumer Complaints Report for November 2016. These monthly reports are a “high-level snapshot” of three-month trends in consumer complaints about financial products…
Cleaning Up Regulation E – The Electronic Fund Transfer Act
Topics: Payments Compliance
A few technical corrections to the implementation provisions of the Electronic Fund Transfer Act On October 12, 2016, the Bureau of Consumer Financial Protection (CFPB) published a Final Rule in…
