Judge Orders Transfer of Upper Lake TLE Case to Kansas

Judge Orders Transfer of Upper Lake TLE Case to Kansas

A federal district judge in Illinois granted a motion to transfer venue to Kansas on September 8th in a case pitting the Consumer Financial Protection Bureau (CFPB) against four tribal lending entities (TLEs) owned and operated by the Habematolel Pomo of Upper Lake....
Data Breach at Major Credit Bureau Captures 143 Million Americans

Data Breach at Major Credit Bureau Captures 143 Million Americans

Equifax, one of the big three credit bureaus relied upon by million of consumers each year to tabulate credit scores, announced a massive breach on September 7th resulting in the exposing of sensitive information for more than 143 million Americans. The breach itself...
NAFSA files Amicus Brief with United States Supreme Court

NAFSA files Amicus Brief with United States Supreme Court

On Tuesday September 5, 2017, NAFSA successfully filed with the United States Supreme Court an Amicus Brief in support of the petition for certiorari in case no. 17-184, Great Plains Lending, LLC, and Plain Green, LLC v. Consumer Finance Protection Bureau. Below is...
Fed Study Concludes FinTech Boosts Financial Inclusion

Fed Study Concludes FinTech Boosts Financial Inclusion

The Federal Reserve Bank of Philadelphia recently found that consumers in underserved credit markets (like areas that have experienced bank closures) benefit from the additional credit supply provided by online lenders. In particular, study data showed that the online...

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