Consumer Scam Alerts Intensify

Federal agencies are issuing heightened warnings regarding various consumer scams. The Federal Trade Commission (FTC) has recently highlighted several evolving fraud tactics. These include 'QR code parking scams,' where malicious QR codes can lead to fraudulent payment sites, and the spoofing of car dealership websites to deceive prospective buyers [FTC Consumer Alerts]. Consumers are also cautioned about 'brushing scams,' involving unexpected packages that generate fake reviews, and 'bill pay impersonators' who use paid search ads to misdirect online bill payments [FTC Consumer Alerts].

Amid these threats, the FTC advises consumers on how to identify and report scams, emphasizing that sharing experiences can be a powerful tool against fraudsters. Specific alerts also address tax debt relief scams, misleading investment training schemes on social media, and how to discuss credit and identity theft with teenagers [FTC Consumer Alerts]. Additionally, the FTC encourages vigilance during National Preparedness Month, urging consumers to plan ahead to avoid scams that often arise during natural disasters or emergencies, as well as being cautious when donating to charities following such events [FTC Consumer Alerts].

CFPB Adjusts Public Complaint System

The Consumer Financial Protection Bureau (CFPB) announced a significant change to its public complaint database. Effective August 14, 2026, the bureau will cease the discretionary publication of consumer complaint narratives and visualizations [CFPB Newsroom]. This decision follows a June 24, 2026, press release where the CFPB stated its intent to correct flaws in the consumer complaint system to restore its integrity and utility, acknowledging previous issues that limited its effectiveness [CFPB Newsroom].

Prior to this change, in June 2026, the CFPB also reported on its efforts to ensure consumers affected by Bilt's transition to a new bank partner were made whole, demonstrating active engagement with service providers to address consumer issues [CFPB Newsroom]. Separately, Deputy Director Mark Paoletta delivered remarks to the Financial Literacy and Education Commission in July 2026, underscoring the ongoing focus on financial education [CFPB Newsroom].

Banking Regulations and Data Releases

In banking news, federal agencies are seeking comments on proposed third-party risk management guidance and have issued a statement concerning community bank engagement with core service providers [Federal Reserve Press Releases]. Furthermore, regulations for community banks are being streamlined, with eligibility for the 18-month examination cycle expanded, aiming to reduce regulatory burden [Federal Reserve Press Releases].

The CFPB released the 2025 Home Mortgage Disclosure Act (HMDA) data on mortgage lending, which is now available on the FFIEC's HMDA Platform. This data provides insights into fair lending practices and homebuying trends [CFPB Newsroom].