• 02.14.19

    Newsom’s Six-Month Paid Family Leave Agenda

    Shortly after being sworn in as the new governor of California, Gavin Newsom proposed extending California’s current six-week paid family leave (PFL) to six months.

  • 02.14.19

    CFPB: More Enforcement, RFI and Servicemember Report

    The Consumer Financial Protection Bureau (CFPB or Bureau) has been busy under Director Kathy Kraninger, taking enforcement actions against an online lender, an online loan broker and a group of international payday lenders.

  • 02.14.19

    Small-Dollar Lending: State AGs Offer FDIC Advice, CA DBO Takes Action

    Small-dollar lending made headlines recently, with a group of 14 attorneys general responding to the Federal Deposit Insurance Corporation’s (FDIC) request for information (RFI) on the subject and a new California Department of Business Oversight (DBO) enforcement action.

  • 02.14.19

    N.Y. Court Signs Off on New Deal Between Networks, Merchants

    A New York federal judge granted preliminary approval of the second attempt at a settlement between a class of more than 12 million merchants and two card networks, potentially putting an end to the long-running litigation over interchange fees and various card network rules that apply to merchants ...

  • 02.14.19

    Auto Dealer Collides With $3M Penalty for Alleged Deception

    Think again before you simplify your message to sell more cars. A $3 million fine levied in a case from the New York Department of Consumer Affairs (DCA) tells us why.

  • 01.30.19

    State AGs Keep Busy With Financial Services Cases

    State attorneys general (AGs) remain busy in the financial services industry, with an almost $500 million settlement between a for-profit college and the AGs of 48 states and Washington, D.C.

  • 01.30.19

    CFPB News: Constitutionality, Military Lending, Enforcement and More

    While the dispute over the constitutionality of the Bureau of Consumer Financial Protection’s (CFPB or Bureau) structure continues to rage, the Bureau continued to make other news, releasing a report on the Ability to Repay and Qualified Mortgage rule, while Director Kathy Kraninger asked ...

  • 01.30.19

    Court Certifies Class of Consumers in Payday Lending Suit

    A federal court in Minnesota has certified a class of consumers suing a lead generator and related payday lenders for violations of state law, rejecting the defendants’ concerns that the damages calculations would require individual inquiries.

  • 01.16.19

    FTC Bans Student Loan Debt Relief Scammers

    Student loan debt relief scammers were on the receiving end of a ban by the Federal Trade Commission (FTC) as part of the agency’s Operation Game of Loans.

  • 01.16.19

    State AGs Deal With Payment Processor, Mobile Apps

    In state enforcement news, Massachusetts Attorney General Maura Healey announced a settlement with a California-based payment services provider, while New York Attorney General Barbara Underwood reached a deal with five companies related to security vulnerabilities in their mobile apps.