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February

12
2024
Industry News

Lawmakers Urge CFPB to Reconsider Digital Payments Rule

Members of Congress are urging the Consumer Financial Protection Bureau to reopen comments on its digital payments rule for large nonbank companies in the marketplace and reconsider the rule as proposed.

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February

12
2024
Industry News

CT Attorney General Highlights Key Areas of Enforcement, Suggests Legislative Changes

Connecticut was one of the first U.S. states to pass a comprehensive data privacy law back in May 2022. Today, a total of 13 states have passed similar laws, and dozens of other states are proposing legislation to do so as well.

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February

12
2024
Industry News

New law requires New York businesses to show credit card surcharge in price before checkout

NEW YORK -- A new law mandating more transparency in credit card surcharges takes effect Sunday in New York.

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February

12
2024
Industry News

From the Web: CFPB Agrees to Pay $6 Million in Discrimination Settlement

The settlement agreement covers the 85 class members who claim to have suffered from lower wages based on race and gender discrimination.

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February

12
2024
Industry News

CFPB Issues Two Advisories on the Fair Credit Reporting Act

When the Consumer Financial Protection Bureau (“CFPB”) took over responsibilities for interpreting the Fair Credit Reporting Act (“FCRA”) from the Federal Trade Commission (“FTC”) in 2011, the agency seemed to take a good amount of time figuring out the importance of this original privacy legislation dating all the way back to 1970.

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