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February

1
2024
Industry News

AG Platkin, Division of Consumer Affairs Announce 2023 Consumer Protection Enforcement Highlights

TRENTON — Attorney General Matthew J. Platkin and the Division of Consumer Affairs (“Division”) today provided a look back at the 2023 enforcement initiatives undertaken by the Division to protect consumers from unfair and deceptive business practices in industries that historically generate a high volume of consumer complaints in New Jersey each year.

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February

1
2024
Industry News

Attorney General Nessel Re-Issues Identity Theft Alert in Recognition of Identity Theft Awareness Week

LANSING – Michigan Attorney General Dana Nessel is re-issuing her alert detailing Identity Theft Warning Signs in recognition of Identity Theft Awareness Week to make residents aware of the clues that might mean their identity has been stolen.

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February

1
2024
Industry News

OCC Assesses $65 Million Penalty Against City National Bank

WASHINGTON, D.C. — The Office of the Comptroller of the Currency (OCC) today assessed a $65 million civil money penalty against City National Bank, of Los Angeles, California, related to systemic deficiencies in the Bank’s risk management and internal controls.

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January

31
2024
Industry News

Suffolk Credit Union Announces Innovative Partnership to Launch Buy Now, Pay Later Service, Elevating Financial Flexibility for Members

LONG ISLAND, N.Y., Jan. 30, 2024 /PRNewswire/ -- Suffolk Credit Union, with asset base of $1.8 billion, is proud to announce the introduction of a groundbreaking Buy Now, Pay Later (BNPL) service to its suite of digital banking solutions.

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January

31
2024
Trends

WEBRECON DEC 2023 STATS & YEAR IN REVIEW

The final stats of 2023 are in and for the first time since June, they show the big three statutes (TCPA -4.3%, FDCPA -.3%, FCRA -14.1%) all down from the previous month. CFPB complaints ended the month up +9.4%.

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