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January

26
2024
Trends

Study estimates over 400K SC residents caught in a cycle of debt

COLUMBIA — On Tuesday, January 9, 2024, Senator Tom Davis (District 46) of Beaufort introduced Bill S. 910 to curb predatory lending practices in South Carolina. According to Senator Davis, “In South Carolina, there are lenders that offer payday, installment, and auto-title loans that mine and use personal data to identify, target and then trap vulnerable South Carolinians in a cycle of debt.

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January

26
2024
Industry News

AG Nessel’s New Consumer Alert Informs Businesses About New Transparency Requirements, Warns of Scammers

LANSING – Michigan Attorney General Dana Nessel has issued a new consumer alert to notify small business owners about the new federal Corporate Transparency Act (CTA), which will impact millions of small businesses. Knowing what the legislation requires will help businesses comply with the law and avoid scammers who may try to steal personal or corporate information under the guise of offering assistance.

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January

26
2024
Industry News

FTC and DOJ Update Guidance That Reinforces Parties’ Preservation Obligations for Collaboration Tools and Ephemeral Messaging

The Federal Trade Commission and Justice Department today announced that both agencies are updating language in their standard preservation letters and specifications for all second requests, voluntary access letters, and compulsory legal process, including grand jury subpoenas, to address the increased use of collaboration tools and ephemeral messaging platforms in the modern workplace. These updates reinforce longstanding obligations requiring companies to preserve materials during the pendency of government investigations and litigation.

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January

26
2024
Industry News

Identity Theft Awareness Week 2024 starts January 29

You’ve probably heard about identity theft, but have you heard about Identity Theft Awareness week? That’s when the FTC and its partners host free podcasts, webinars, Facebook Live interviews, and other events to talk about how to spot, avoid, report, and recover from identity theft. Mark your calendars. Identity Theft Awareness Week starts Monday, January 29!

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January

25
2024
Industry News

Newsweek names Veridian among America's Best Regional Banks and Credit Unions.

Newsweek recently released a list of America's Best Regional Banks and Credit Unions for 2024, recognizing Veridian Credit Union with five stars on a five-star scale. The list is based on an analysis of 9,440 financial institutions across the U.S. to identify the best 250 regional banks and 250 credit unions

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