Dec 20, 2021 | Federal Regulation, News
Chopra Invites State AGs to Team Up At a recent meeting of the National Association of Attorneys General, CFPB Director Rohit Chopra urged state Attorneys General (AGs) to collaborate with the CFPB on enforcement actions or to bring their own under federal law. “State...
Dec 17, 2021 | FinTech, News
Fintechs Are Among Fastest Growing Brands in 2021 A quarter of the spots on Morning Consult’s 2021 Fastest Growing Brands list were held by fintechs, a testament to consumers’ increased digital adoption throughout the COVID-19 pandemic and the investment environment...
Dec 15, 2021 | Banks & Credit Unions, News
Capital One Becomes Latest Bank to Eliminate Overdraft Fees Capital One Financial has announced it will be the latest bank getting rid of overdraft and non-sufficient funds (NSF) fees for all customers, joining a growing list of other financial institutions to do so....
Dec 13, 2021 | Federal Regulation, News
New Rules Allow Debt Collectors to Pursue Debtors Via Email, Text Messages, and Social Media Last month, new debt collection rules went into effect to expand the ways that collectors can go after debtors, including through social media, email, and text messages. The...
Dec 10, 2021 | Federal Regulation, News
Omarova Withdraws OCC Nomination More than two months after President Biden nominated Cornell University law professor Saule Omarova to lead the Office of the Comptroller of the Currency (OCC), Omarova withdrew her nomination this week after facing resistance from...
