WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) issued an order against ACI Worldwide and one of its subsidiaries, ACI Payments, for improperly initiating approximately $2.3 billion in unlawful mortgage payment transactions.
MARLTON, N.J., June 23, 2023 /PRNewswire/ -- The sensitive personal data of approximately 3.5 million people has been compromised as a result of a zero-day vulnerability in a software tool created by Progress Software, LLC. Now, residents' full names, addresses and other personal information may be in the hands of criminals who can use the stolen information to commit identity theft and other frauds.
The Federal Communications Commission has announced an Aug. 21 effective date for final rules on illegal robocall mitigation and to expand requirements for voice service providers to implement the STIR/SHAKEN call authentication framework.
On June 13, Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra provided the CFPB’s semiannual report to Congress, which included concerns about predatory house-flipping practices by companies like HomeVestors.
The CFPB recently published an Issue Spotlight regarding the use of chatbots in consumer finance, explaining that the purpose of the report is to explain how chatbot technologies are used by financial institutions and the challenges faced by customers.
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