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THE SCANNER: CFPB Announces Return of $1.8 Billion in Illegal Fees to 4.3 Million Harmed in Massive Credit Repair Scheme, Musk Calls for Elimination of the CFPB, CDIA Warns of Far-Reaching Consequences in CFPB's Proposed Data Broker Rule, and more that mattered this week. Catch up on all of the top news from this week: https://hubs.la/Q02-BpTz0 READER NOTE: If you find this of value, please like, comment, or repost it to your network. #banks #consumerlending #compliance #creditrisk #creditreporting #cfpb #fintech #news #industryupdates #TheScanner

The Scanner: CFPB Credit-Report Revamp Targeted as Soon as Next Month, CFPB says BNPL Firms Must Comply with U.S. Credit Card Laws, and FDIC Chair Gruenberg will Step Down once Successor is Announced, and more top headlines from this week. Catch up on all of the top news from this week: https://hubs.la/Q02yb64J0 #banks #consumerlending #compliance #creditrisk #creditreporting #cfpb #fintech #news #industryupdates #TheScanner

The Scanner: CFPB Credit-Report Revamp Targeted as Soon as Next Month, CFPB says BNPL Firms Must Comply with U.S. Credit Card Laws, and FDIC Chair Gruenberg will Step Down once Successor is Announced, and more top headlines from this week. Catch up on all of the top news from this week: https://hubs.la/Q02yb6_x0 READER NOTE: If you find this of value, please like, comment, or repost it to your network. #banks #consumerlending #compliance #creditrisk #creditreporting #cfpb #fintech #news #industryupdates #TheScanner

THE SCANNER: CFPB Finalizes Rule on Federal Oversight of Popular Digital Payment Apps to Protect Personal Data, Credit reports will be at least 20% more expensive in 2025, Lawsuit Filed Challenging CFPB’s Advisory Opinion on Medical Debt, Bank Regulators have No Plans to Move Forward with Major Rulemakings Until Next Year, and more top headlines Catch up on all of the top news from this week: https://hubs.la/Q02Z3X8M0 READER NOTE: If you find this of value, please like, comment, or repost it to your network. #banks #consumerlending #compliance #creditrisk #creditreporting #cfpb #fintech #news #industryupdates #TheScanner

Donald Trump’s presidency, along with Republican control of Congress, is likely to bring shifts in the fintech landscape. Key areas to watch include changes in banking regulations, the future of the Consumer Financial Protection Bureau (CFPB), fintech partnerships with banks, and the CFPB’s 1033 rule, which affects consumers' control over banking data. Policy shifts in these areas could shape how fintech companies innovate and operate. 📷 Fortune #Fintech #BankingRegulation #CFPB #ConsumerData #TrumpAdministration

THE SCANNER: Largest Verdict of $140 Million Obtained for Consumers under FCRA Class Action, TD Bank Faces $3 Billion in Penalties & Growth Limitation from US Regulators Settlements, CFPB Takes Action Against Wrongful Auto Repossessions and Loan Servicing Breakdowns, and more top headlines from this week. Catch up on all of the top news from this week: https://hubs.la/Q02T0yP-0 #banks #consumerlending #compliance #creditrisk #creditreporting #cfpb #fintech #news #industryupdates #TheScanner

Wondering how secure your transactions are with Purse Money?🛡️ Rest easy! Our compliance team monitors every transaction to protect against unauthorized activity, and we adhere to strict regulations to keep your money safe. Have more questions? Contact us at support@purse.money. #SecurePayments #PurseMoney #TransactionSecurity #Fintech #DigitalWallet #PeaceOfMind

🔓 Unlocking The U.S. Debit Network Landscape 🌐 Dive into our latest paper as 𝙆𝙤𝙧𝙚𝙁𝙪𝙨𝙞𝙤𝙣 explores the dynamics shaping the U.S. debit landscape, shedding light on fraud management strategies and network perceptions. Discover more and download our whitepaper now available: https://bit.ly/3vcLLkg #USdebit #landscape, #fraudprevention #fraud #fraudmanagement #debit #debitnetworks #debitcards #networkperceptions #financial #financialtechnology #fintech #fintechinnovation

#LiquidLoans showcases the power of transparent, user-controlled lending. 🌟🌐 Learn how #DeFi protects your investments from the risks of #TradFi practices. https://lnkd.in/dn3dEbjf #PulseChain

The thin line between financial security and uncertainty — your money's whereabouts in times of crisis 💸 In the world of finance, a bank operates as a credit institution where your money is taken from you 'for safekeeping' and then lent out to others. This means that your funds are not physically 'stored' at the bank, but rather used in various financial activities. The inherent risk with traditional banking lies in the possibility that during a crisis, your money may not be readily available. In contrast, an Electronic Money Institution (EMI) license prohibits the use of client funds for loans or any other purposes. Your money, down to the last penny, remains securely yours and accessible at any time. Rad full article here: bit.ly/3Yc8atY #Bilderlings #Fintech #security #safeguarding