Regulatory Notice 17 Jan 2025 information collection, qualitative feedback, regulatory notice, consumer financial protection bureau

📄CFPB Notice

In accordance with the Paperwork Reduction Act of 1995 (PRA), the Consumer Financial Protection Bureau (CFPB) requests the extension of the Office of Management and Budget's (OMB's) approval for an existing information collection, titled "Generic Information Collection Plan for the Collection of Qualitative Feedback on Bureau Service Delivery," approved under OMB Control Number 3170-0024.

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Compliance, Financial Regulation 15 Jan 2025 compliance, consumer financial protection bureau, digital payments, regulation e, efta, electronic fund transfers

💳CFPB Proposes New Rules for Electronic Fund Transfers and Compliance

In light of interest by electronic fund transfer system market participants to offer new types of products to transfer funds and make purchases through accounts established primarily for personal, family, or household purposes, the Consumer Financial Protection Bureau (CFPB) is proposing this interpretive rule to assist companies, investors, and other market participants evaluating existing statutory and regulatory requirements governing electronic fund transfers (EFTs).

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Regulatory Requirements, Consumer Trends 15 Jan 2025 regulatory compliance, financial services, consumer financial protection bureau, data privacy, financial technology, consumer data

🔍CFPB Seeks Comments on Consumer Financial Data Collection Practices

The Consumer Financial Protection Bureau (CFPB) is seeking comments from the public to better understand how companies that offer or provide consumer financial products or services collect, use, share, and protect consumers' personal financial data, such as data harvested from consumer payments. The submissions in response to this request for information will serve to assist the CFPB and policymakers in further understanding the current state of the business practices at these companies and the concerns of consumers as the CFPB exercises its enforcement, supervision, regulatory, and other authorities.

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Compliance, Consumer Protection, Financial Services 6 Jan 2025 lending practices, supervisory highlights, overdraft fees, fair credit reporting act, consumer financial protection bureau, compliance

📊CFPB Supervisory Highlights

The Consumer Financial Protection Bureau (CFPB) is issuing its thirty seventh edition of Supervisory Highlights.

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