The Consumer Financial Protection Bureau (CFPB) has initiated legal action against Comerica Bank for breaches while offering federal benefits programme through Direct Express prepaid debit cards.

Today, the CFPB doubled down by filing a countersuit against Comerica Bank.” On Nov. 21, the Treasury Department's Bureau of the Fiscal Service announced that the Bank of New York Mellon Corp ...

Last year, the Consumer Financial Protection Bureau under the Biden administration finalized a rule requiring that banks share data, at a customer's request, with another bank or authorized third ...

A cohort of bank trade groups — including the Bank Policy Institute and the Kentucky Bankers Association — sued the CFPB the same day it finalized the rule in October last year. In the 56-page lawsuit ...

Roughly six months after the Consumer Financial Protection Bureau (CFPB) finalized a rule that lays the groundwork for open banking in the U.S. financial system, the bureau plans to vacate the rule.

Comerica Bank acquired a new position in shares of Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX – Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC.

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The Consumer Financial Protection Bureau (CFPB) has decided to abandon its proposed open banking rule, prompting sharp criticism from the Financial Technology Association (FTA). The FTA ...

Consumer watchdog groups say the CFPB quietly dropped at least 21 enforcement actions, many against repeat offenders. Agency plans to repeal the Open Banking Rule, a key consumer data protection ...

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