On January 18, after approximately fourteen months of settlement negotiations, the CFPB announced that it secured a settlement agreement with BrightSpeed Solutions, Inc., a third-party
In a prior post, we reported that the language used in orders recently issued by the CFPB to leading Buy Now, Pay Later (“BNPL”) providers
As we previously noted, on October 21, the CFPB issued orders to six large technology firms seeking information about their payment product business plans (the
On October 21, the CFPB issued a series of orders to “collect information on the business practices of large technology companies operating payments systems in
A&B ABstract: The CFPB has recently asserted extraordinary authority to make any payment processor monitor the activities of any merchant for which it processes payments,