GET STARTED

CONSUMER LENDING, COMPLIANCE, AND
CREDIT RISK & REPORTING NEWS

New Industry-First Offering to See Full Customer-Level Furnishing & Dispute History

READ MORE

This week's top headlines

CFPB Seeks to Vacate Abusive, Unjust Case Against Townstone

TransUnion Wins FCRA Case on Re-Reporting Charge-Offs

Cash Advance Company Cleo AI Agrees to Pay $17 Million As Result of FTC Lawsuit Charging It Deceives Consumers

Are you talking to your members about what’s at stake if credit unions lose their tax-exempt status?

Launch of Experian’s Cashflow Score Signals New Era of Open Banking

CFPB Withdraws ‘inappropriate’ Filing in NY AG’s Suit Against Citi

Want a new issue of The Scanner delivered right to your inbox each Friday? Sign up below to get on the list!

Recent News

CFPB Withdraws ‘inappropriate’ Filing in NY AG’s Suit Against Citi
Cash Advance Company Cleo AI Agrees to Pay $17 Million As Result of FTC Lawsuit Charging It Deceives Consumers
FTC Chairman Andrew N. Ferguson Appoints Deputy Directors of the Bureaus of Competition and Consumer Protection
Chime adds instant loans
Plaid’s Brian Dammeir talks future of open banking
Republican Senators seek to use CRA to void medical debt rule
ABA Statement for the Record to the House Financial Services Committee on the CFPB
Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – March 2025 # 4
NCUA – The Simplified CECL Tool
Idaho passes law to restrict trigger leads in mortgage applications
Where to File a Complaint About Your Bank Now the CFPB Is Threatened
Addition Financial Credit Union and Envision Credit Union
Bank economists: Credit conditions to soften for consumers and small businesses
TD close to offloading $9B mortgage portfolio
CFPB union submits amends its proposed order for preliminary injunction
Report: FDIC to remove reputational risk from bank supervision
Launch of Experian’s Cashflow Score Signals New Era of Open Banking
US consumers slow spending as inflation bites, Synchrony says
Fintechs egg on ‘willingness to challenge norms,’ Bolt president says
The 3 Most Active Early-Stage Fintech Investors
Experian Targets ‘Credit Invisible’ Borrowers With Cashflow Score
Pulte terminate SPCPs, issues recision of UDAP bulletin
Executive order phases out U.S. Treasury paper checks
CFPB Seeks to Vacate Abusive, Unjust Case Against Townstone
NCUA Returns Control of Valwood Park Federal Credit Union to Members
Joint Trades Letter in Opposition to the Credit Card Competition Act (Durbin-Marshall bill)
AFC Urges Governor Glenn Youngkin to Veto Misguided Legislation That Will Limit Access To Safe and Affordable Credit for Virginia Families
Judge grants CFPB 30 days to settle lawsuit over credit card late fee rule
House Subcommittee to hold Wednesday hearing on role of CFPB
District court denies CFPB’s motion to stay dispute against CRA
Are you talking to your members about what’s at stake if credit unions lose their tax-exempt status?
Joint Letter on Misguided Durbin Marshall Bill
Acting Comptroller Discusses Financial Inclusion
‘Eat now, pay later’? DoorDash-Klarna deal fuels concerns around loans for takeout
US Treasury department prepares to streamline banking regulators, Semafor reports
Wells Fargo says home sales aren’t far off from levels seen in the wake of the Great Recession
FHFA Staff Cuts Threaten Mortgage Research, Fair Lending Work
The FTC and the future of third-party due diligence
Treasury’s play for control over regulators puts it on collision course with Fed
Bank regulator watchdog warns of risks from DOGE cuts
Nickels partners with seven credit unions to launch CardFit in collaboration with Filene Research Institute
The Future of Debt Collection: Compliance, AI and the Shift Toward Digital Engagement
Speech by Governor Barr on small business lending
House Subcommittee to hold Wednesday hearing on role of CFPB
FHFA office closures impact fair lending, consumer protection activity
Report: Treasury Dept. Seeks More Control Over FDIC and OCC
NCUA Cancels March 27 Open Board Meeting, Holds Closed Meetings To Discuss Personnel
OCC Reports Mortgage Performance for Fourth Quarter of 2024
CFPB seeks extension to respond to nonbank oversight lawsuit
TransUnion Wins FCRA Case on Re-Reporting Charge-Offs
What happens to mortgage rates if Fannie and Freddie go private?
Millennial and Gen Z credit scores are the latest sign of the ‘vibecession.’ Their credit scores will keep going up, Open Lending, TransUnion report shows
Trump orders shift on student loan management to Small Business Administration
Banks and Business Groups Press for Transparency in Flawed Stress Testing Framework
Daily Decision Recap: Factual Inaccuracies, Letter Claims, and More
Arkansas Becomes Seventh State to Regulate Earned Wage Access
FDIC OIG report underscores attrition, brain drain concerns at regulator
Top Credit Unions Invest in FinTech Partnerships
BNPL Data May Deepen Pool of Credit-Worthy Consumers
‘Failure sucks’: How PayPal cofounder Max Levchin is building an ‘Affirm mafia’
Bank Supervision: Removing References to Reputation Risk
Housing regulator in upheaval as employees put on leave
Equifax Introduces First-in-Market Mortgage Solution that Delivers Credit Report Alongside Employment Status from The Work Number
Student Loan Borrowers See Payments Soar After Trump’s Changes
OCC Announces Enforcement Actions for March 2025
How OppFi Can Say Yes to Credit When Traditional Banks Say No
Digitalization: Resources for Community Banks
Trump fires both Democratic commissioners at FTC
NCUA Releases Q4 2024 State-level Credit Union Data Report
Federal Reserve holds interest rates steady: What that means for mortgages, credit cards and more
How new tool from AT&T and TransUnion could help collectors
From the Web: CFPB Reinstates Terminated Employees Following Court Order
4th Circuit deepens split over scope of FCRA investigations
Credit unions should not be taxed like banks
Affirm to Report BNPL Data to Experian, Clarifying Lending
New York Attorney General Advances New UDAP Legislation Paving the Way for Stronger State Consumer Protection in Wake of CFPB Changes
Affirm to Expand Credit Reporting to Include All Payment Plans
CFPB workers are reinstated after a court order, but many still can’t work
New York Seeks to Beef up Consumer Protection Framework
Trade group asks district court to stay CFPB’s Section 1071 rule and toll compliance deadlines
Block’s Direct Lending Move Aims at Filling Consumer Credit Gaps
NCUA Releases 2024 Annual Report
CFPB Rule Precluding Reporting of Consumer Medical Debt On Hold Until June or Later
Trump Organization lawsuit raises questions about Capital One-Discover deal
DOJ Finds Capital One-Discover Deal Would Harm Subprime Competition
CFPB Signals Continued Involvement in Litigation with State Attorneys General
These fintech companies are hiring in 2025 after a turbulent year
Walmart: Klarna, nearing IPO, wins fintech partnership from Affirm
Klarna, OnePay unveil installment loans tie-up for Walmart shoppers in US
Dive Deposits: If you’re looking for the old CFPB, it moved north
Compliance question of the month: March 2025
Bank and Credit Union Groups File Motion for Summary Judgment in Lawsuit Challenging Illinois Interchange Fee Prohibition Act
Trump nominates Federal Reserve Governor Bowman as vice chair for supervision
OCC Conditionally Approves Fintech Business Model for a National Bank
NCUA Releases 2024 Annual Report
SoFi lands $5bn agreement with Blue Owl Capital to fund loan platform business
Credit Unions Rally To Protect CDFI Fund After Trump’s Executive Order Targets Federal Agencies
The (Likely) New Banking Regulators in Their Own Words
FDIC, OCC Probationary Employees Reinstated, Placed on Leave
California DFPI Finalizes Text of Regulations for Debt Collection Licensing Act

© 2024 Bridgeforce Data Solutions LLC.

Privacy policy