• Category

CFPB Director Kathy Kraninger posted a blog, Bureau takes additional steps to foster an inclusive financial system announcing a new statement,…

• Category

On January 5, 2020, the CFPB’s Task Force on Federal Consumer Financial Law issued its report “with recommendations on how to improve consumer protection in the financial marketplace.”

• Category

In  January 2021, CDIA filed a comment in response to five federal financial regulatory agencies’ announcement of an Advance Notice of…

• Category

In August 2020, the CFPB issued a report, The Early Effects of the COVID-19 Pandemic on Consumer Credit. The Bureau also issued this press release covering the report.

• Category

In August 2020, the CFPB issued a report, The Early Effects of the COVID-19 Pandemic on Consumer Credit.  The Bureau also issued a press release covering the report.

• Category

On July 7, 2020, the CFPB put out an Innovation Spotlight blog, Providing adverse action notices when using AI/ML models.  The posting notes that one area of innovation the CFPB is “monitoring is artificial intelligence (AI), and particularly a subset of AI, machine learning (ML). For example, in 2017, the Bureau issued a Request for Information Regarding Use of Alternative Data and Modeling Techniques in the Credit Process (RFI).

• Category

On July 7, 2020, the CFPB put out an Innovation Spotlight blog, Providing adverse action notices when using AI/ML models.

• Category

In July 2020, the CFPB announced a new report, Financially Fit? Comparing the credit records of young servicemembers and civilians, and published a web page summarizing the report.

• Category

On June 19, 2020, CFPB Director, Kathy Kraninger addressed CDIA members and financial institutions at a virtual event hosted by CDIA.

• Category

In June 2020, CDIA filed a comment with the Taskforce on Federal Consumer Financial Law in response to its March 2020 Request for Information to Assist the Taskforce on Federal Consumer Financial Law.