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ABOUT US
RESOURCES
DATA QUALITY SCANNER WALKTHROUGH
THE SCANNER
RESOURCE CENTER
PARTNER: Equifax
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PRODUCT
ABOUT US
RESOURCES
DATA QUALITY SCANNER WALKTHROUGH
THE SCANNER
RESOURCE CENTER
PARTNER: Equifax
PRODUCT
ABOUT US
RESOURCES
DATA QUALITY SCANNER WALKTHROUGH
THE SCANNER
RESOURCE CENTER
PARTNER: Equifax
CONSUMER LENDING, COMPLIANCE, AND
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This week's top headlines
CFPB Signals Continued Involvement in Litigation with State Attorneys General
March 18, 2025
DOJ Finds Capital One-Discover Deal Would Harm Subprime Competition
March 18, 2025
FAIR CREDIT REPORTING—4th Cir.: Credit Report Furnisher’s Duty to Investigate Reported Debt Includes Legal Issues
March 17, 2025
Velera Enters Next Phase Of Growth—Which Includes New Headquarters In Tampa
March 13, 2025
Affirm to Expand Credit Reporting to Include All Payment Plans
March 19, 2025
New York Attorney General Advances New UDAP Legislation Paving the Way for Stronger State Consumer Protection in Wake of CFPB Changes
March 19, 2025
Square Financial Services, Inc. Receives FDIC Approval to Offer Consumer Loan Product Cash App Borrow
March 13, 2025
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Recent News
Student Loan Borrowers See Payments Soar After Trump’s Changes
msn
|
March 20
OCC Announces Enforcement Actions for March 2025
OCC
|
March 20
How OppFi Can Say Yes to Credit When Traditional Banks Say No
pymnts
|
March 20
Digitalization: Resources for Community Banks
OCC
|
March 20
Trump fires both Democratic commissioners at FTC
reuters
|
March 19
NCUA Releases Q4 2024 State-level Credit Union Data Report
ncua
|
March 19
Federal Reserve holds interest rates steady: What that means for mortgages, credit cards and more
msn
|
March 19
How new tool from AT&T and TransUnion could help collectors
SubPrime
|
March 19
From the Web: CFPB Reinstates Terminated Employees Following Court Order
ACA
|
March 19
4th Circuit deepens split over scope of FCRA investigations
WESTLAW TODAY
|
March 19
Credit unions should not be taxed like banks
CU Insight
|
March 19
Affirm to Report BNPL Data to Experian, Clarifying Lending
Payments Journal
|
March 19
New York Attorney General Advances New UDAP Legislation Paving the Way for Stronger State Consumer Protection in Wake of CFPB Changes
Shipkevich
|
March 19
Affirm to Expand Credit Reporting to Include All Payment Plans
pymnts
|
March 19
CFPB workers are reinstated after a court order, but many still can’t work
The Verge
|
March 18
New York Seeks to Beef up Consumer Protection Framework
Venable
|
March 18
Trade group asks district court to stay CFPB’s Section 1071 rule and toll compliance deadlines
orrick
|
March 18
Block’s Direct Lending Move Aims at Filling Consumer Credit Gaps
pymnts
|
March 18
NCUA Releases 2024 Annual Report
ncua
|
March 18
CFPB Rule Precluding Reporting of Consumer Medical Debt On Hold Until June or Later
Lexology
|
March 18
Trump Organization lawsuit raises questions about Capital One-Discover deal
Payments Dive
|
March 18
DOJ Finds Capital One-Discover Deal Would Harm Subprime Competition
pymnts
|
March 18
CFPB Signals Continued Involvement in Litigation with State Attorneys General
Morrison Foerster
|
March 18
These fintech companies are hiring in 2025 after a turbulent year
TechCrunch
|
March 17
Walmart: Klarna, nearing IPO, wins fintech partnership from Affirm
CNBC
|
March 17
Klarna, OnePay unveil installment loans tie-up for Walmart shoppers in US
reuters
|
March 17
Dive Deposits: If you’re looking for the old CFPB, it moved north
Banking Dive
|
March 17
Compliance question of the month: March 2025
ABA
|
March 17
Bank and Credit Union Groups File Motion for Summary Judgment in Lawsuit Challenging Illinois Interchange Fee Prohibition Act
ABA
|
March 17
Trump nominates Federal Reserve Governor Bowman as vice chair for supervision
reuters
|
March 17
OCC Conditionally Approves Fintech Business Model for a National Bank
OCC
|
March 17
NCUA Releases 2024 Annual Report
ncua
|
March 17
SoFi lands $5bn agreement with Blue Owl Capital to fund loan platform business
FinTech Futures
|
March 17
Credit Unions Rally To Protect CDFI Fund After Trump’s Executive Order Targets Federal Agencies
CU Today
|
March 17
The (Likely) New Banking Regulators in Their Own Words
Arnold Porter
|
March 17
FDIC, OCC Probationary Employees Reinstated, Placed on Leave
Bloomberg Law
|
March 17
California DFPI Finalizes Text of Regulations for Debt Collection Licensing Act
ACA International
|
March 17
Wells Fargo Confirms Termination of 2021 OCC Loss Mitigation Consent Order
Wells Fargo
|
March 17
OCC Conditionally Approves Fintech Business Model for a National Bank
OCC
|
March 17
FAIR CREDIT REPORTING—4th Cir.: Credit Report Furnisher’s Duty to Investigate Reported Debt Includes Legal Issues
Wolters Kluwer
|
March 17
Mayo Clinic and Minnesota AG reach settlement over charity care, debt-collection practices
Bring Me the News
|
March 16
CNBC Daily Open: U.S. consumers think inflation will spike this year
CNBC
|
March 16
FTC Chief Andrew Ferguson on the Trump Vision for Antitrust
bloomberg
|
March 16
Apple Federal Credit Union to Pay $2.5M to Settle Overdraft Fee Lawsuit
CU Today
|
March 16
Baltimore bid to halt US CFPB defunding rejected by judge
reuters
|
March 14
Gabriel O’Malley appointed to lead DFS’s Consumer Protection and Financial Enforcement Division
NY State
|
March 14
Global Credit Union and First Financial Northwest, Inc. announce receipt of final regulatory approval
GCU
|
March 14
Citigroup plans to slash IT contractors, hire staff to improve controls
reuters
|
March 13
Privatizing Fannie Mae and Freddie Mac not a top priority, says FHFA director Bill Pulte
CNN Business
|
March 13
CFPB to proceed with litigation in second Military Lending Act suit
orrick
|
March 13
Block Subsidiary Secures FDIC Approval for Cash App Borrow Loans
bloomberg
|
March 13
FDIC Seeks Comment on Proposal to Rescind Its 2024 Statement of Policy on Bank Merger Transactions
Cadwalader
|
March 13
Navigating the New Consumer Financial Services Landscape: Enforcement, Compliance, and Litigation Risks
Venable
|
March 13
Is the proliferation of alternative data making credit bureaus extinct?
World Banks Blog
|
March 13
New York AG announces bill to protect consumers after Trump hobbles CFPB
CNBC
|
March 13
Vought-Led CFPB Still Wants $43M Order In Debt Relief Case
Law 360
|
March 13
Not ‘As You Wish’ Goes the CFPB
Credit Union Connection
|
March 13
Square Financial Services, Inc. Receives FDIC Approval to Offer Consumer Loan Product Cash App Borrow
Morningstar
|
March 13
Velera Enters Next Phase Of Growth—Which Includes New Headquarters In Tampa
CU Today
|
March 13
Loan expert breaks down impact of shrinking Department of Education’s changes involving student borrowers, repayment rules
ABC 13
|
March 12
NYDFS chief details changes spurred by Signature failure
Banking Dive
|
March 12
Yes, Your Student Loans Will Be Impacted By The Mass Department Of Education Layoffs
Forbes
|
March 12
Judge in CFPB case ‘leaning’ toward injunction
Banking Dive
|
March 12
ICBA Changes Strategy: Remove Tax-Exempt Status for Credit Unions Over $1 Billion in Assets
ALM
|
March 12
ABA urges federal agencies to ease regulatory burden on banks
ABA
|
March 12
Wiley Consumer Protection Download (March 12, 2025)
Wiley
|
March 12
Judge leans toward pause in Trump’s actions to unwind the CFPB
HousingWire
|
March 12
NCUA Board Member Tanya F. Otsuka Statement on the Decision to Remove Total Overdraft and Non-sufficient Fund Fee Data
ncua
|
March 12
NCUA Board Member Todd M. Harper Statement on the Decision to Curtail the Collection of Overdraft and Non-sufficient Fund Fees
ncua
|
March 12
Subprime Borrowers Seek to Improve Their Credit Scores
pymnts
|
March 12
New York Attorney General and Other State AGs Ready to Take Lead from CFPB in Debt Relief Enforcement Action
JD Supra
|
March 12
Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – March 12, 2025
troutman pepper locke
|
March 12
Honda Settles With CPPA Over Privacy Violations
CPPA
|
March 12
GOP Aims to Repeal CFPB Medical Debt Credit Report Ban
Bloomberg Law
|
March 12
Credit Union Assets, Delinquencies, Shares and Deposits Grow in the Fourth Quarter
ncua
|
March 11
‘Liar loans’ back in spotlight; how can brokers protect themselves?
The Adviser
|
March 11
FDIC Conducts Regulatory Review and Purge
Latham Watkins
|
March 11
Debt Relief Just Got Real: Experian Erases Millions in Balances For African Americans
Black Press USA
|
March 11
New Research Finds Growing Demand for Inclusive Financing Amid Rising Consumer Credit Challenges
Business Wire
|
March 11
Amid recession 2025 fears, consumers are pessimistic about finances
CNBC
|
March 11
The average credit score in the U.S. in 2025
CNBC
|
March 11
OCC reaffirms permissible cryptocurrency activities for banks
Financial Regulation News
|
March 11
Todd Harper Calls on NCUA to Restore Overdraft, NSF Fee Transparency
ALM
|
March 11
CFPB employees say mass firing plans remain in place
The Hill
|
March 11
CFPB Extends Comments on Proposed Rule to Apply FCRA to Data Brokers
ACA
|
March 11
Joint Trades Opposition Letter to H.R. 1944
ABA
|
March 11
GAC 2025: Engaging Members To Elect A Pro-Credit Union Congress
Credit Union Connection
|
March 11
California Federal Court Halts Allegedly Deceptive Debt Collection Practices by Blackrock Services, Inc. and Affiliates
troutman pepper locke
|
March 11
NACUSO advocacy update from GAC 2025
CU Insight
|
March 10
CFPB: Why banks don’t want the agency to disappear
CNBC
|
March 10
It’s ‘shoot first and ask questions later’ as DOGE tries to dismantle CFPB
ABC News
|
March 10
CFPB Extends Comment Deadline for Possible Rule on Identity Theft and ‘Coerced Debt’ Protections
ACA
|
March 10
Senate Banking Chair Proposes Bill to Remove Reputational Risk in Bank Assessments
Banking Exchange
|
March 10
Credit reporting agencies move to dismiss medical debt case
orrick
|
March 10
US judge denies CFPB’s motion to stay lawsuit against Comerica
reuters
|
March 10
AOC, Luna team up to cap credit card interest rates at 10%
SAN
|
March 10
Utah’s Pro Earned Wage Access Bill Reaches the Governor
Holland & Knight
|
March 10
Agencies Issue 2024 Shared National Credit Program Report
OCC
|
March 10
FTC Sends More than $25.5 Million to Consumers Impacted by Tech Support Firms’ Scam
ftc
|
March 10
New FTC Data Show a Big Jump in Reported Losses to Fraud to $12.5 Billion in 2024
ftc
|
March 10