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April

22
2024
Industry News

AG Ferguson: Court orders repeat scammer Labor Law Poster Service to stop contacting and accepting payments from Washington businesses

SEATTLEAttorney General Bob Ferguson won a court order today in his consumer protection lawsuit against Labor Law Poster Service and its Michigan-based owners, blocking the company from deceiving Washington businesses.

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April

19
2024
Trends

Nearly Half of US Consumers Earning $100K+ Live Paycheck to Paycheck

According to PYMNTS Intelligence, 62% of U.S. consumers now live paycheck to paycheck, and that includes 48% of consumers earning more than $100,000 annually. In other words, higher incomes do not necessarily protect people from the financial stress that comes from living from one paycheck to the next.

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April

19
2024
Trends

US foreclosure filings jump 22%, and repossessions hit highest level in 3 years

US foreclosure filings in the first quarter climbed 22% from a year ago, and repossessions rose by 6%, according to data from analytics company ATTOM.

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April

19
2024
Industry News

Western District of Washington | New York pair indicted for $1.4 million bank fraud scheme that victimized customers across the U.S. | United States Department of Justice

Seattle – A couple from New York state are in custody tonight following their indictment for a nationwide bank fraud scheme, some of which was executed in Seattle, announced U.S. Attorney Tessa M. Gorman. Amber Towndrow, 35, and Darby Canfield, 34, were indicted by a Seattle federal grand jury on April 3, 2024.

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April

19
2024
Industry News

Troutman Pepper Weekly Consumer Financial Services Newsletter - April 2024 #3

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week:

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