• 02.27.19

    CFPB News: Short-Term Lending, Enforcement Concerns, Disclosure Sandbox

    Short-term lending remains in the news at the Consumer Financial Protection Bureau (CFPB or Bureau), with the CFPB proposing to rescind key ability-to-repay provisions of a much-debated payday lending rule and with the announcement of a $100,000 enforcement action settlement with a short-term ...

  • 02.27.19

    Data Security News: New Federal Privacy Bill?

    Are we about to see some bipartisan legislation to improve privacy and data security?

  • 02.27.19

    State Regulators Move to Streamline Fintech Regulation

    State regulators have reached an agreement on multistate licensing and supervision standards for the financial technology industry, drawing from recommendations made by a group of several dozen fintech companies.

  • 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 ...