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In: Consumer Financial Protection Bureau (CFPB)

13 Jan 2021CFPB Issues Statement on Serving LEP Consumers


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

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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.”

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04 Jan 2021CDIA Comments on Supervisory Guidance ANPR


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

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31 Aug 2020Consumer Financial Protection Bureau Report Examines Early Impact of Pandemic on Consumer Credit


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.

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01 Aug 2020The Early Effects of the COVID-19 Pandemic on Consumer Credit


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.

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07 Jul 2020CFPB: Providing adverse action notices when using AI/ML models


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).

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07 Jul 2020Innovation spotlight: Providing adverse action notices when using AI/ML models


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

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01 Jul 2020Financially Fit? Comparing the credit records of young servicemembers and civilians


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.

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19 Jun 2020Remarks by CFPB Director Kraninger During Consumer Data Industry Association Webinar


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

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01 Jun 2020Comment in response to Request for Information to Assist Taskforce on Federal Consumer Financial Law


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.

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