Dec 27, 2018 | Federal Regulation, News
← Previous Article Next Article → The Fair Credit Reporting Act (FCRA), a U.S. Federal Government legislation that ensures the accuracy and fairness of credit reporting, is often mentioned in conjunction with the entities enforcing it such as the Consumer...
Dec 26, 2018 | FinTech, News
← Previous Article Next Article → The United States Government of Accountability (GAO) has released its first report about financial technology (fintech) that advises agencies to provide a clearer picture on online lenders’ use of alternative data. What is...
Dec 24, 2018 | Banks & Credit Unions, Litigation, News
← Previous Article Next Article → The U.S. Attorney for the Southern District of New York, Geoffrey Berman, has filed a criminal charge against Central States Capital Markets (CSCM), alleging that the broker-dealer violated the Bank Secrecy when it failed to...
Dec 21, 2018 | Federal Regulation, News
← Previous Article Next Article → The Consumer Financial Protection Bureau’s (CFPB) newly appointed director, Kathy Kraninger, has stopped efforts to change the name of the agency, according to an internal email she wrote to employees on Wednesday. In the...
Dec 20, 2018 | News, Online Lending, Tribal Sovereignty
← Previous Article Next Article → The Habematolel Pomo of Upper Lake Tribe opened a new call center for its Tribal lending business in Lake County, California earlier this month that could provide up to 80 new jobs in the area. According to reports, the...