In honor of National Consumer Protection Week, Governor Kathy Hochul today announced that the New York State Department of Financial Services, Department of Public Service and the New York Department of State’s Division of Consumer Protection secured more than $245 million in recoveries and restitution for New Yorkers in 2024. This builds on efforts by the Department of Public Service and the New York Department of State’s Division of Consumer Protection, which assisted 71,000 New York households with a variety of consumer protection matters, returning $17.3 million to consumers in 2024, up more than 78 percent from $9.7 million in 2023.
The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in December 2024.
The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of February 1, 2025, through February 28, 2025.
As a result of a Federal Trade Commission lawsuit, a federal court has temporarily halted the operations and frozen the assets of a phantom debt collection scheme and its operators. The scheme has operated under numerous names, including Blackrock Services, Blackstone Legal Group, Capital Legal Services, Quest Legal Group, Viking Legal Services, and others.
For years, enhancing payment security often came at the expense of user convenience. Complex authentication processes, multistep verifications and transaction delays were the norm.
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