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May

18
2023
Strategy

SVB's ‘Twitter-Fueled’ Collapse Makes Banks Reassess Social Media

Banks around the country have begun coming up with plans to counter online threats — including internet rumors about the health of their institutions — Reuters reported Thursday (May 18), citing interviews with industry executives and analysts.

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May

18
2023
Compliance

EEOC Releases New Resource on Artificial Intelligence and Title VII

WASHINGTON – Today the Equal Employment Opportunity Commission (EEOC) released a technical assistance document, “Assessing Adverse Impact in Software, Algorithms, and Artificial Intelligence Used in Employment Selection Procedures Under Title VII of the Civil Rights Act of 1964,” which is focused on preventing discrimination against job seekers and workers.

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May

18
2023
Industry News

Attorney General Mayes Urges U.S. Supreme Court to Preserve Consumer Protection Watchdog

PHOENIX–Attorney General Mayes joined a multistate coalition in submitting an amicus brief to the Supreme Court, urging the Court to overturn a decision of the U.S. Court of Appeals for the Fifth Circuit that threatens the future operation of the Consumer Financial Protection Bureau (CFPB) and the viability of more than ten years of the agency’s regulatory and enforcement actions

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May

18
2023
Industry News

ACA International Files Amicus Brief in 11th Circuit TCPA Case

On May 15, ACA International filed an amicus brief supporting GoDaddy.com, LLC in an 11th Circuit case on issues of Article III standing under the Telephone Consumer Protection Act.

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May

18
2023
Trends

Americans continue to pile up credit card debt, edging close to $1 trillion

Americans continue to bury themselves in credit card debt this year, with the latest total balance inching close to $1 trillion. U.S. consumers now owe $986 billion on their charge cards, according to Federal Reserve Bank of New York data released Monday.

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