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January

16
2024
Industry News

New York Amends Existing Credit Card Surcharge Prohibition

On December 13, 2023, the State of New York enacted Assembly Bill No. 2672 (Act), which modifies New York’s ban on credit card surcharges. The revised law takes effect on February 11, 2024.

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January

16
2024
Industry News

Department of Labor Advances Worker Classification Rule and Proposed Overtime Changes

The changes, especially proposed updates on overtime thresholds, could shape policies for employee pay and classification in the coming year.

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January

16
2024
Industry News

Hudson Valley Credit Union to Acquire Catskill Hudson Bank

POUGHKEEPSIE, N.Y. and KINGSTON, N.Y., Jan. 10, 2024 /PRNewswire/ -- Hudson Valley Credit Union (HVCU) announced today that it has entered into a definitive merger agreement with Catskill Hudson Bank and its parent company Catskill Hudson Bancorp, Inc. (OTCPK: CSKL) ("Catskill Hudson"), pursuant to which Catskill Hudson Bank will merge with and into HVCU, with HVCU as the surviving institution in a series of transactions.

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January

16
2024
Industry News

Utah Court of Appeals Reverses Dismissal of Consumer Claims Based on Failure to Register Under Collection Agency Act

In a change of course, the Utah court of appeals has reversed the dismissal of a plaintiffs’ suit against a debt collector based on its alleged failure to register as a collection agency prior to filing collection suits.

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January

16
2024
Industry News

State Privacy Update: New Jersey Becomes 13th State to Pass a Consumer Privacy Bill

The New Jersey Legislature this week passed Senate Bill 332 (SB 332), a comprehensive consumer data privacy bill. Since its conception, the bill has undergone significant revisions that expanded a once narrow bill into a more comprehensive privacy framework.

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