Header graphic for print
Focus on Regulation

Tag Archives: Consumer Financial Protection Bureau

CFPB Studies Arrangements Between Banks and Universities

According to a report released by the Consumer Financial Protection Bureau (“CFPB”) on December 17, the number of credit card issuers that had contractual arrangements with higher education institutions and affiliated organizations (such as alumni associations, fraternities, and sororities) increased in 2012.  However, the CFPB’s data shows that—in comparison to 2009—credit card issuers had fewer:

CFPB to Supervise Credit Bureaus: Another Avenue for Enforcement of FCRA Privacy Protections

Under regulations adopted earlier this month by the Consumer Financial Protection Bureau (“CFPB”), the nation’s larger consumer reporting agencies (“CRAs”) will for the first time be subject to supervision at the federal level.  The new rules were issued pursuant to the CFPB’s authority under section 1024 of the Dodd-Frank Wall Street Reform and Consumer Protection