State Payments Enforcement Trends

Since 2024, the payments enforcement landscape has shifted markedly. As the CFPB has curtailed its enforcement program under the current administration, state attorneys general have increasingly coordinated investigations, settlements, and policy initiatives targeting payment companies. For payment providers, banks, and fintechs, the result is a more fragmented enforcement environment in which the same practices may attract scrutiny from multiple states applying different laws and policy priorities.

State Attorneys General Expand Payments Enforcement

Despite the reduced federal enforcement posture, state attorneys general and other state enforcement agencies continue to pursue payment providers under state consumer-protection, unfair-or-deceptive-practices, anti-fraud, and related authorities. Increasingly, these actions are coordinated through multistate coalitions.