A U.S. District Court in the Southern District of Florida recently granted a motion for summary judgment filed by debt collector, I.C. Systems, finding that the plaintiff failed to provide any evidence of an inadequate investigation under the Fair Credit Reporting Act (FCRA).
Banking groups argue the CFPB violated statutes for rule implementation while the bureau seeks a different court to hear the case.
The 2023 PYMNTS Intelligence report “The Credit Accessibility Series: BNPL’s Wide-Ranging Impact on Consumers and Merchants” drew on a survey of more than 3,100 consumers to understand the increasing prevalence of BNPL products as a credit option, as well as to dig into consumers’ reasons for choosing to use it and the potential of BNPL to improve their credit profiles.
MAPLE GROVE, Minn., March 26, 2024 (GLOBE NEWSWIRE) -- TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, visited Capitol Hill in Washington, D.C., March 3 to March 7, 2024, as part of the annual America’s Credit Unions Governmental Affairs Conference, the credit union industry’s largest advocacy event.
On March 13, at the Financial Data Exchange Global Summit, CFPB Director Rohit Chopra delivered a keynote address that focused on “the role of standard setters and standard-setting” as the CFPB pushes towards finalizing is its proposed Personal Financial Data Rights Rule (see October 2023 GT Alert).
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