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CFPB stops oversight of Apple and U.S. Bank early through settlements
The Consumer Financial Protection Bureau (CFPB) has prematurely ended its oversight of Apple and U.S. Banks. Both firms agreed on a settlement plan to fulfill their financial obligations and end the ...
JD Supra
CFPB Files Action against Fintech Bank Partner for Alleged Unfair Practices Related to Record Keeping of Consumer Funds
The CFPB issued a proposed order against a fintech currently in Chapter 11 bankruptcy proceedings for allegedly failing to accurately keep records of consumer funds held at partner banks. The CFPB is ...
U.S. News & World Report
CFPB Ends Monitoring of Apple, U.S. Bank Years Ahead of Schedule
(Reuters) -The Consumer Financial Protection Bureau has scraped settlements with Apple and U.S. Bank that were implemented under former President Joe Biden's administration, ending oversight ...
JD Supra
CFPB drops two enforcement actions against a national bank
Recently, the CFPB terminated two consent orders against a national banking association. On September 18, the CFPB terminated a consent order (2023-CFPB-0019) against the bank after determining it had ...