← Previous Article Next Article → New York State Senator Elaine Phillips has proposed new legislation in the New York Senate that would authorize the Department of Financial Services to create a limited state charter for “Internet Lending Services...
← Previous Article Next Article → Last week, U.S. Representatives Markwayne Mullin (R-OK) and Ben Ray Luján (D-NM) introduced the Tribal Connect Act (H.R. 5661), a bipartisan bill to promote broadband access in tribal communities. The bill was introduced...
← Previous Article Next Article → Last week, in a white paper sent to the Department of Treasury, the American Bankers Association outlined several recommendations to promote responsible innovation in the fintech space. Both startups and traditional banks...
← Previous Article Next Article → This week, PHH Corp decided against appealing the January decision that found the Consumer Financial Protection Bureau’s single-director structure was permissible under the U.S. Constitution. The case, launched in 2015 and...
← Previous Article Next Article → A federal judge this week dismissed a lawsuit by the Conference of State Bank Supervisors (CSBS) testing the Office of the Comptroller of the Currency’s (OCC) proposal to grant special purpose bank charter to financial...
← Previous Article Next Article → Online retail is becoming big business. Last year, it accounted for 13% of total retail sales and contributed 49% of the industry’s growth. Despite massive growth and ubiquity, the collection of sales tax from online...