Payments Industry Trends

CFPB’s October Complaint Report Focus: Service Members & Financial Services Industries

Topics: Payments Industry Trends, Payments Compliance

Since its inception in 2010, the Consumer Finance Protection Bureau (CFPB) has been overseeing the ongoing activities of America’s financial products & services markets. Acting as both an administrator and…

Read More > November 28, 2017

Analyzing the CFPB’s 2016 Fair Debt Collection Protection Act Report

Topics: Payments Industry Trends, Payments Compliance

In 1977, the United States Congress identified such a high frequency of abuse and deception attributing to unfair debt collection practices that it created the Fair Debt Collection Practices Act…

Read More > November 22, 2017

CFPB Monthly Complaint Report is the Big Brother of Consumer Finance

Topics: Payments Industry Trends, Payments Compliance

For more than six years, the Consumer Finance Protection Bureau (CFPB) has been collecting and responding to consumer complaints about the nation’s collection processes. The data gathered reveals how America’s…

Read More > August 16, 2017

Semi-Annual Report Showcases CFPB Success

Topics: Payments Industry Trends, Payments Compliance

Since 2011, the Consumer Finance Protection Bureau (CFPB) has had as its sole focus protecting American consumers from unfair practices in the nation’s financial industries. By 2017, the agency had…

Read More > July 24, 2017