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April

4
2024
Trends

Banking in video games and virtual worlds

As video games and virtual worlds have become more and more popular, gaming assets have become increasingly valuable. Gaming assets are stored on a player’s accounts and used as a medium of exchange for all sorts of transactions within these worlds, including the purchase of goods and services and person-to-person (“P2P”) transfers.

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April

3
2024
Industry News

Missouri and Washington Introduce True Lender Bills

Missouri and Washington introduced new true lender bills intended to regulate companies, largely FinTechs, that operate under bank partnership models with federally insured depository institutions.

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April

3
2024
Industry News

Banking Groups’ Case Against CFPB Credit Card Fee Rule Moved to D.C. Circuit

A banking industry case challenging the Consumer Financial Protection Bureau’s credit card late fee rule will be heard in the D.C. Circuit Court following a request to move the case by the bureau.

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April

3
2024
Industry News

Addition Financial Credit Union Named to Newsweek's America's Best Credit Unions 2024

LAKE MARY, Fla., April 3, 2024 /PRNewswire/ -- Addition Financial Credit Union announced today that it is recognized as one of America's Best Credit Unions for 2024 by Newsweek and Plant-A Insights Group.

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April

3
2024
Industry News

AG Henry Announces Six New States Have Joined Lawsuit Against Predatory Lender That Bilked Hundreds Of Millions From Consumers In Hidden Add-On Fees

HARRISBURG — Attorney General Michelle Henry announced that six new states have joined Pennsylvania in its federal lawsuit against Mariner Finance regarding widespread violations of multiple consumer protection laws that cost consumers hundreds of millions of dollars.

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