U.S. Consumer Financial Protection Bureau

Washington, D.C., USA

The Consumer Financial Protection Bureau (CFPB) regulates the offering and provision of consumer financial products or services under the U.S. federal consumer financial laws.

Geographical Jurisdiction

United States

The CFPB has various authorities, including regulatory authority, over an array of providers of consumer financial products or services. In addition to our authority to implement and enforce U.S. federal consumer financial law, the CFPB has supervisory authority over certain companies, including: depository institutions with assets over $10 billion; nonbank mortgage originators and servicers, payday lenders, and private student lenders of all sizes; and the larger participants of other consumer financial markets as defined by CFPB rules.

  • Guidance on the application of laws and rules to innovative business models
  • Live Sandbox testing environment
  • Waivers or exemptions, for any entity meeting certain criteria
  • Engagement with firms on regtech and suptech solutions
  • Engagement with innovators and/or other third parties (e.g. academics, consultants and other organisations)
  • Facilitating hackathons, TechSprints or similar events
  • Other – Support coordination among Federal and State regulators

Focus Area

  • N/A

Criteria may differ for domestic services.

Our Contact Information

[email protected]

https://www.consumerfinance.gov/about-us/innovation/