• 04.10.19

    New Jersey Outlaws Bans on Cash

    New Jersey has officially banned cashless establishments, prohibiting merchants from requiring customers to pay by card or refusing to accept cash.

  • 04.10.19

    CFPB News: Advisory Committee Changes, Constitutionality Hearing

    What’s new at the Consumer Financial Protection Bureau (CFPB or Bureau)?

  • 03.27.19

    Consumer Finance: Kraninger Testifies, CFPB Reports, DOJ Enforces SCRA

    Making headlines in consumer finance news, Consumer Financial Protection Bureau (CFPB or Bureau) Director Kathy Kraninger paid Congress another visit, while the CFPB published its latest Supervisory Highlights, a first-time homebuying servicemembers report and an advanced notice of proposed ...

  • 03.13.19

    Deal Final in FTC’s Action Against Online Lender

    The Federal Trade Commission (FTC) has finalized its deal with SoFi, an online lender that the agency had accused of making false statements about student loan refinancing.

  • 03.13.19

    CFPB News: Kraninger Testifies, Interagency Deals and Other Musings

    It has been another eventful news cycle for the Consumer Financial Protection Bureau (CFPB or Bureau), as its new director, Kathy Kraninger, appeared before the House Financial Services Committee, facing tough questions about her leadership.

  • 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

    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

    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 ...

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