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January

5
2024
Industry News

U.S. Supreme Court Will Hear Cases on Federal Agencies’ Interpretation of Statutes Jan. 17

The court could overturn or narrow a long-time standard for agencies to interpret statutes when enforcing rules, which might impact future regulatory programs.

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January

5
2024
Industry News

Dow Credit Union Distributes $19.2 Million To Members As Part of Annual Giveback Program

MIDLAND, Mich., Jan. 4, 2024 /PRNewswire/ -- Dow Credit Union has announced it is paying out $19.2 million to eligible members as part of its annual Member Giveback program for 2023.

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January

5
2024
Industry News

FTC and Connecticut take action against Manchester City Nissan auto dealership for illegally charging car buyers

The car shopping process can be challenging — and expensive. Deceptive and unfair practices can make the shopping process even more confusing and costly. That’s why the FTC recently passed the CARS Rule. And it’s why the FTC and State of Connecticut just sued Manchester City Nissan (MCN), its owners, and some key employees.

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January

4
2024
Trends

Growing BNPL Demand Outpaces Merchant Response

Buy now, pay later (BNPL) has gone mainstream. So much so that if businesses don’t provide this payment option, they might lose out on sales at checkout. This is especially important as inflation influences whether consumers choose to spend money.

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January

4
2024
Industry News

ICBA to CFPB: Include Community Bank Exemption in 1033 Proposal on Sharing Consumer Financial Data

n its comment letter on the bureau’s proposal to implement Section 1033 of the Dodd-Frank Act, ICBA urged the CFPB to exempt community banks with less than $850 million in assets — which are defined as small businesses by the Small Business Administration — from a provision requiring institutions to create and maintain a third-party developer interface.

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