Media Releases
March 30, 2022In a new letter sent yesterday to the House Financial Services Subcommittee on Consumer Protection and Financial Markets, the Consumer Bankers Association (CBA) highlighted the bank-led overdraft innovations designed to meet evolving demand and cautioned against restricting a product millions of consumers knowingly use and value in times of need. The letter was sent ahead of a scheduled hearing...
March 28, 2022On Thursday, the House Subcommittee on Consumer Protection and Financial Institutions will hold a hearing on the overdraft marketplace. The hearing comes amidst the backdrop of the CFPB’s ongoing examination of bank fees , which also include overdraft. Ahead of these events, the Consumer Bankers Association (CBA) today released a new video to correct misinformation surrounding bank fees, to...
March 25, 2022In a new letter sent today to the Consumer Financial Protection Bureau (CFPB), the Consumer Bankers Association (CBA) outlined recommendations necessary to promote a safe and competitive “buy now, pay later” (BNPL) marketplace. The letter was sent in response to the Bureau’s December 2021 Request For Information (RFI) on the business practices of five fintech BNPL providers. In the letter , CBA...
March 22, 2022This Friday, the Consumer Financial Protection Bureau (CFPB) will receive input from stakeholders in response to its December Request For Information (RFI) on the business practices of leading fintech companies offering “buy now, pay later” (BNPL) credit. Here’s what’s happening, why it matters, what they’re saying and how the CFPB can help promote a safe and competitive BNPL marketplace. What’s...
March 17, 2022Last week, more than 1,200 of the industry’s top leaders gathered in San Antonio, Texas, for retail banking’s premier annual event – CBA LIVE 2022. From navigating the new CFPB to tackling the war for talent, this year’s conference featured more than 60 hours of dynamic programming focused on the most pressing issues facing banks today. “After nearly three years, it was great to see so many...
March 9, 2022Retail banking’s top annual event – CBA LIVE – concluded this morning following discussions with the industry’s top leaders and influencers on some of the most pressing issues facing retail banks, including instituting a level regulatory playing field, DE&I, crypto and all things CFPB. CBA LIVE 2022 brought together more than 1,250 attendees for one of the first in-person banking conferences...
March 8, 2022Day Two of CBA LIVE 2022 featured a discussion with Consumer Bankers Association (CBA) President and CEO Richard Hunt on key moments and accomplishments with the CBA family since he joined the organization in 2009. Over the last 13 years, the banking industry faced historic challenges, from the financial crisis in 2009 through the COVID-19 pandemic. During this time, CBA became a valued resource...
March 7, 2022Consumer Bankers Association (CBA) President and CEO Richard Hunt today opened retail banking’s premier annual event, CBA LIVE 2022 , acknowledging how much the banking industry and regulatory environment have evolved since CBA LIVE first began 13 years ago, specifically highlighting how the rapid emergence of fintech companies has left millions of consumers without the protections they’ve come...
March 4, 2022In a new letter sent today to the Senate Banking Committee ahead of a scheduled hearing next Tuesday, Consumer Bankers Association (CBA) President & CEO Richard Hunt urged Congress to reject any legislative proposal seeking to eliminate the ability of hardworking families to pursue arbitration agreements when settling claims disputes. Overwhelmingly, disputes between companies and their...
March 2, 2022The Consumer Bankers Association (CBA) is excited to host retail banking’s premier annual event , CBA LIVE 2022, March 7-9, in San Antonio, TX. From crypto and fintechs to DE&I and the war for talent, attendees will experience more than 60 hours of top-notch programming featuring the industry’s top bankers, thinkers, and influencers. Entering its 13th year, CBA LIVE 2022 will feature for the...
