On August 21, 2025, the Consumer Financial Protection Bureau filed an enforcement action in connection with Chapter 11 bankruptcy proceedings for a fintech (the "Fintech") acting primarily as a third-party service provider...more
8/28/2025
/ Banking Sector ,
Chapter 11 ,
Commercial Bankruptcy ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Enforcement Actions ,
FinTech ,
Recordkeeping Requirements ,
Third-Party ,
Third-Party Service Provider ,
Unfair or Deceptive Trade Practices