Chester County News and Community Website
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has officially recognized Financial Data Exchange, Inc. (FDX) as a standard-setting organization under the Personal Financial Data Rights rule. This historic designation …
CFPB Recognizes Financial Data Exchange as Standard-Setting Body for Personal Financial Data Rights Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has finalized a new rule aimed at reforming overdraft practices at large financial institutions. This action targets banks and credit unions with …
CFPB Closes Overdraft Loophole, Saves Consumers Billions Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently issued new guidance aimed at preventing banks from levying overdraft fees without clear consumer consent. This move targets the practice …
Cracking Down on Phantom Fees: CFPB Moves to Protect Consumers from Unseen Overdraft Costs! Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has mandated TD Bank to pay a total of $7.76 million in redress to tens of thousands of affected consumers, in …
TD Bank Hit with Multi-Million Dollar Penalty for Misleading Consumer Reports – Find Out What Happened! Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has finalized a rule defining the qualifications for recognized industry standard-setting bodies. These bodies will issue standards that companies can use …
CFPB Finalizes Rule to Ensure Fair Industry Standards in Open Banking Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has now taken a bold stance, recently proposing a new rule that may revolutionize the approach of banks and financial institutions …
CFPB Proposes Game-Changing Rule on Bank NSF Fees Read More WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has initiated a groundbreaking move to confront the rising overdraft fees that are emptying the wallets of consumers and filling the …
Proposed CFPB Rule Could Save Billions for Americans: An Insight into Overdraft Fees’ Loophole Read More