Aishaah Foster

Aishaah Foster

Moore & Van Allen PLLC

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Recent CFPB Releases Continue Focus on Bank Fees and Identify CFPB Concerns with Use of AI in Customer Service

The Consumer Financial Protection Bureau (CFPB) issued releases in May and June that reflected their continued focus on consumer protection issues associated with both bank fees and the use of artificial intelligence (AI) by...more

7/5/2023  /  Artificial Intelligence , Banking Sector , Banks , Consumer Financial Protection Act (CFPA) , Consumer Financial Protection Bureau (CFPB) , Financial Institutions , Financial Regulatory Reform , Financial Services Industry , Overdraft Fees , Unfair or Deceptive Trade Practices

The Consumer Financial Protection Bureau Stakes Out Its Enforcement Authority Over Unfair Information Security Practices

On August 11, 2022, the Consumer Financial Protection Bureau (“CFPB”) issued a circular (Circular 2022-04 or, the “Circular”) addressing whether insufficient data and information security practices can violate the prohibition...more

9/13/2022  /  Consumer Financial Protection Act (CFPA) , Consumer Financial Protection Bureau (CFPB) , Data Security , Enforcement , Information Security
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