Archive for Director’s notebook

Director Chopra reacts to Apple’s recent announcement about planned changes to “tap-to-pay” functionality on its iOS devices

See the full post at consumerfinance.gov

The CFPB has found that people are paying more for their cash, not only at out-of-network ATMs, but also at places like grocery stores and retailers that previously provided access for free

See the full post at consumerfinance.gov

The CFPB has received feedback on its BNPL interpretive rule and will now provide more clarity and guidance on company compliance and the benefits to consumers

See the full post at consumerfinance.gov

Blog detailing challenges facing consumers in Texas, Alabama, and Louisiana

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The CFPB approved a rule to address the current and future applications of complex algorithms and artificial intelligence used to estimate home values

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The foreclosure crisis was an important catalyst for the creation of the Consumer Financial Protection Bureau

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The CFPB is working to accelerate the shift to open banking through a new personal data rights rule intended to break down these obstacles, jumpstart competition, and protect financial privacy

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Today, the CFPB is taking another step toward ensuring accountability for automated decision models, sometimes marketed as artificial intelligence (AI)

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The CFPB is exploring long-term solutions to move away from single points of failure, ensure system resilience, and eliminate unnecessary complexity in rulemaking

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Credit cards are one of the most common financial products in our country, providing the bulk of short-term credit for families

See the full post at consumerfinance.gov