Consumer Financial Protection Bureau

Find the latest for Consumer Financial Protection Bureau company news

AI and algorithms increasingly control our financial fates

Companies are increasingly using algorithms and artificial intelligence (AI) to analyze the massive amount of data they scoop up about us to decide what financi

Credit where credit's due: Inside Experian's AI framework that's changing financial access

Experian's enterprise AI framework offers valuable lessons for businesses seeking to scale beyond proof of concept.

SEC should avoid 'overly prescriptive' AI rules, acting chair says

The comments follow actions taken by President Trump that have effectively upended the U.S. approach to AI policy under Biden, according to analysts.

The Finance Sector Is Hitting an Inflection Point With AI

Prudential Financial's Lauren Clement wonders if new breakthroughs in AI could completely disrupt how the industry has long relied upon artificial intelligence.

Consumer product regulators would get AI assist from House bill

Legislation from Rep. Darren Soto requiring the Consumer Product Safety Commission to create an AI pilot to support its work advanced out of committee Tuesday.

Cybersecurity 7month
Americans trust AI more than a CPA to do their taxes, according to new research

About 43% of tax filers say they would trust artificial intelligence over hiring a tax professional when filing their taxes.

Finance 8month
CFPB Examinations Highlight Fair Lending Risks in Credit Scoring Models

Amid recent technological advances in artificial intelligence and machine learning, on January 17, 2025, the CFPB issued its Winter 2025

FINRA warns of AI use in sophisticated scams

The industry self-regulator is also concerned about third-party vendors, anti-money-laundering policies and whether certain annuity products are in clients' best interests.

Cybersecurity 8month