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Banking & Credit

Payments

Consumers need the ability to get paid and make payments quickly, safely and conveniently. However, as the ability to move money becomes faster and easier, the risk of fraud increases and consumers’ money and personal financial information could be put at risk. Consumers need protections designed to identify and prevent fraudulent transactions, to prevent unauthorized access to payment networks.

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Subissues

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  • Payday/High-cost Loans
  • Payments
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Most Recent Press Releases

  • FDIC Should Downgrade Three Banks Engaged in Predatory “Rent-a-Bank” Lending
  • Statement of Consumer Federation of America on 2nd Circuit Ruling on CFPB Constitutionality
  • Statement of Consumer Federation of America in Support of California Proposed Regulation on Fintech Consumer Credit

Most Recent Testimony and Comments

  • Groups Urge U.S. House Committee on Financial Services to Oppose TABS Act
  • Groups Urge the Office of the Comptroller of Currency to Require Supervised Banks Make Reforms to Inequitable Overdraft Programs
  • Consumer Groups’ Statement for the Record to the Subcommittee on Financial Institutions and Monetary Policy of the U.S. House of Representatives Committee on Financial Services regarding “Revamping and Revitalizing Banking in the 21st Century”

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© 2023 Consumer Federation of America

1620 I Street, NW - Suite 200  |  Washington, DC 20006  |  202-387-6121  | cfa@consumerfed.org
Tax ID: 52-0880625
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