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March

4
2024
Industry News

Show Me the Money: AG Bonta Warns California Small Banks and Credit Unions Against Surprise Fees

California AG Rob Bonta issued letters to small banks and credit unions warning that overdraft and returned deposited item fees likely violate the state’s Unfair Competition Law and the federal Consumer Financial Protection Act.

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March

4
2024
Industry News

Blue Federal Credit Union’s Merger with Aventa Credit Union Is Official

Cheyenne, Wyoming, March 01, 2024 (GLOBE NEWSWIRE) -- Aventa Credit Union, based in Colorado Springs, has fully merged with Blue Federal Credit Union, based in Cheyenne, Wyoming. The merger was approved by Aventa members on February 26, 2024, and officially takes effect on March 1.

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March

4
2024
Industry News

Appellate court upholds $21 million judgment against for-profit college regarding unfair competition and false advertising claims

Appellate court upholds $21 million judgment against for-profit college regarding unfair competition and false advertising claims

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March

4
2024
Compliance

Telephone and Texting Compliance News: Regulatory Update — FCC Confirms TCPA Bars AI-Generated Voices, Adopts New Consent Revocation Rights Rules for Texts, Cuts 13 Entities from Robocall Mitigation Database

Following up on January’s update, the Federal Communications Commission (FCC) issued a Declaratory Ruling that confirms that the prohibitions in the Telephone Consumer Protection Act (TCPA) covering prerecorded or artificial voice calls apply to real voices generated by artificial intelligence (AI).

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March

4
2024
Industry News

AG Ferguson request bill to help more than 35,000 Washington veterans access state benefits passes legislature unanimously

OLYMPIA — Today, the Washington state Legislature unanimously passed Attorney General request legislation sponsored by Rep. Mike Volz, R-Spokane, that will expand state benefits to more than 35,000 Washington veterans. It now heads to the governor’s desk to be signed into law.

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