consumer protection

California Closes In On Extending Borrower Protections To SMBs
California Closes In On Extending Borrower Protections To SMBs
July 20, 2018  |  B2B Payments

California lawmakers are considering legislation that would extend disclosure requirements currently required by consumer lenders to lenders of small business loan products, according to Manatt,...

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Trump CFPB Pick Questioned On Consumer Finance Experience
Trump CFPB Pick Questioned On Consumer Finance Experience
July 20, 2018  |  CFPB

President Donald Trump’s pick to lead the Consumer Financial Protection Bureau (CFPB) held her own during intense questioning by Democratic Senators on Thursday (July 19)....

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CFPB Names Paul Watkins From AZ AG Office As Innovation Head
CFPB Names Paul Watkins From AZ AG Office As Innovation Head
July 19, 2018  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has announced that Paul Watkins, a lawyer, will lead the agency’s newly created Office of Innovation. “I am delighted...

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FTC: Fair Credit Reporting Act Still Top Priority
FTC: Fair Credit Reporting Act Still Top Priority
July 13, 2018  |  Regulation

The Federal Trade Commission testified on Thursday (July 12) that enforcement of the Fair Credit Reporting Act (FCRA) remains a top priority. “FCRA enforcement continues...

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Substitute Ohio Payday Loan Bill Friendlier To Lenders
Substitute Ohio Payday Loan Bill Friendlier To Lenders
July 10, 2018  |  Loans

Senate Republicans expressed frustration because store owners still aren’t satisfied with the new payday lending bill, which is friendlier to lenders. “You and your people...

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Study: Tech Companies Could Be Running Afoul Of GDPR
Study: Tech Companies Could Be Running Afoul Of GDPR
July 05, 2018  |  Data

The European Union’s (EU) new data privacy law isn’t being followed by some of the globe’s biggest technology companies, according to research from the EU...

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UK Case Might Set Precedent For Payment Protection Insurance Claims
UK Case Might Set Precedent For Payment Protection Insurance Claims
July 03, 2018  |  Banking

After a key legal case that may set a precedent for future claims, U.K. banks may have to pay up to £18 billion to customers...

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Mulvaney Reduces Penalty On Payday Lender Security Finance
Mulvaney Reduces Penalty On Payday Lender Security Finance
June 29, 2018  |  CFPB

The acting director of the Consumer Financial Protection Bureau has cut a fine against payday lenders in half, as well as dropped some of the...

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CFPB Supports Reconsideration Of Payday Rule
CFPB Supports Reconsideration Of Payday Rule
June 26, 2018  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has filed a response supporting reconsideration of the agency’s payday rule. According to The National Law Review, the motion...

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