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Duane Morris LLP | USA | 22 Sep 2023
The Class Action Weekly Wire - Episode 31: Artificial Intelligence: The Next Generation Of Class Action Litigation
This week’s Episode of the Class Action Weekly Wire features Duane Morris partner Jerry Maatman and special counsel Brandon Spurlock with their…
Greenberg Traurig LLP | USA | 22 Sep 2023
CFPB Spotlight Targets Mobile ‘Tap-To-Pay’ Technology
The CFPB’s Sept. 7 issue spotlight targets Big Tech’s influence over mobile payment technology...
Maurice Wutscher LLP | USA | 22 Sep 2023
CFPB Kicks Off Rulemaking on Credit Reporting of Medical Debt
Continuing on its mission to curb abusive collection efforts related to medical debt which began to take life in 2022, the CFPB on Sept. 21 announced…
Kilpatrick Townsend & Stockton LLP | USA | 22 Sep 2023
Banks that Reopen Closed Deposit Accounts May Be Engaged in Unfair Practices
The Consumer Financial Protection Bureau ("CFPB") has issued a warning to financial institutions regarding the reopening of deposit accounts that…
Troutman Pepper | USA | 21 Sep 2023
CFPB’s Rulemaking Under the FCRA (Part 3) - Crossover Episode With The Consumer Finance Podcast
Join us for the third Episode in a special three-part series covering the CFPB’s intention to propose new rules under the Fair Credit Reporting Act…
Cadwalader Wickersham & Taft LLP | USA | 21 Sep 2023
CFPB issues guidance on credit denials by lenders using artificial intelligence
On September 20th, the Consumer Financial Protection Bureau (“CFPB”) published guidance - Consumer Financial Protection Circular, 2023-03 - regarding…
Brownstein Hyatt Farber Schreck LLP | USA | 21 Sep 2023
CFPB Unfairness Authority Limited by Court
Organizations in many instances no longer must spend money on compliance with the Consumer Financial Protection Bureau’s (CFPB) interpretation of its…
Cozen O'Connor | USA | 21 Sep 2023
CFPB Emphasizes that AI is not Above the Law
The CFPB issued guidance for lenders on the use of artificial intelligence (AI) when determining whether or not to extend credit to consumers. The…
Sheppard Mullin Richter & Hampton LLP | USA | 21 Sep 2023
CFPB Adjusts Long Time Position Relating to Loan Originator Compensation
Many residential mortgage lenders currently have loan compensation plans that provide for a payment to loan originators of one commission amount for…
Troutman Pepper | USA | 21 Sep 2023
CFPB Outlines Rulemaking Plan to Dramatically Alter Decades of FCRA Requirements for Everyone in the Consumer Data Ecosystem
The Consumer Financial Protection Bureau (CFPB) has started the process of issuing rules on several topics affecting the entire ecosystem that…
