Reports

K-12 schools are increasingly offering families the option to pay school-related expenses online via third-party payment processors, presenting new costs and challenges for users.

Gaming marketplaces increasingly incorporate banking and payment systems. Learn how the CFPB is monitoring the use of virtual currencies in online games.

This issue spotlight is part of the CFPB’s broader effort to monitor the rapidly evolving consumer payments industry, including the expansion of Big Tech companies into this sphere.

Payment apps that allow consumers and businesses to quickly send and send money also often provide the ability for users to store those funds. Funds stored on these platforms often lack deposit insurance coverage and are at risk of loss in the event of financial distress or failure of the entity operating the payment platform.

Report on the Buy Now, Pay Later (BNPL) industry in the United States, focusing on consumer and marketplace impacts.

In recent years, the payment space has moved from an ecosystem with clear constraints and established players to a rapidly evolving environment.

These consumer protection principles are intended to help safeguard consumer interests as the consumer-authorized aggregation services market develops.

Faster payment systems hold great promise for consumers. But to be safe, transparent, accessible, and efficient, faster payment systems must keep consumer protection concerns in mind.