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CFPB Bites of the Month - February 2025 - CFPB, My Funny Valentine

In this month's article, we share some of our top "bites" for the prior months covered during the February 2025 webinar....more

CFPB Bites of the Month - 2024 Annual Review - Fintech

In this article, we share a timeline of our monthly "bites" for 2024 applicable to companies in FinTech. The Consumer Financial Protection Bureau was on a tear in the months leading up to the election and the inauguration of...more

CFPB Fines Fintech Installment Lender $15 Million for Alleged Consent Order Violations

On November 15, 2023, the Consumer Financial Protection Bureau announced that a nonbank installment lender agreed to settle allegations that it was violating a 2019 consent order. The Company is a publicly traded online...more

CFPB Flexes Supervisory Authority Over Nonbanks

Nonbank lenders, fintech firms, and smaller entities that do not meet the CFPB's threshold of a "larger participant" in defined areas have avoided CFPB supervision, but that is changing. On Monday, the CFPB issued a press...more

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