On June 15, Nevada Governor Joe Lombardo signed SB 290 into law, which imposes licensing, reporting, examination, and other substantive requirements on providers of earned wage access (EWA) products.
PYMNTS’ latest study finds that 28% of CU members are willing to ditch their current financial institution (FI) for one that offers more leading-edge digital banking experiences — and the share is growing. By disregarding the potential of innovation as a differentiator and member retention strategy, CUs risk their members leaving.
The FDIC has updated its Supervisory Guidance on Multiple Re-Presentment NSF Fees (FIL-40-2022) to clarify its supervisory approach for corrective action when a violation of law is identified.
The healthcare industry is one of the most heavily regulated industries in the United States. Healthcare companies and practitioners devote significant resources to complying with the complex and often changing legal and regulatory schemes imposed on them.
During this current legislative session, the following three states have enacted measures of potential interest to Consumer Finance ABstract readers:
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